The _____ Rule Is That an Ethical Decision Is One

question 7

Multiple Choice

The _____ rule is that an ethical decision is one that distributes rewards and harms in a fair way.

• A)justice
• B)moral rights
• C)utilitarian
• D)practical
• E)moral scruples

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Definitions:

Goods

Tangible items that satisfy human wants or needs and are available for purchase.

Maximizing Utility

The economic principle that individuals seek to obtain the greatest satisfaction or utility from their consumption choices within their income constraints.

Utility

Refers to the satisfaction or benefit that consumers receive from consuming goods or services.

Spending

The act of using money to purchase goods or services.