Suppose That a University Decides to Spend $1 Million to Upgrade

question 169

Multiple Choice

Suppose that a university decides to spend $1 million to upgrade personal computers and scientific equipment for faculty rather than spend $1 million to expand parking for students. This example illustrates

• A) distorted priorities.
• B) opportunity costs.
• C) increasing opportunity costs.
• D) productive efficiency.

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Definitions:

Prosocial Behavior

Actions intended to benefit others, including behaviors like helping, sharing, and comforting.

Immanent Justice

A child's belief that the world is just, meaning that people get what they deserve because of a universal force or morality that ensures fairness.

Social Justice Theory

encompasses theories that aim at creating a society based on principles of equality and solidarity, understanding and valuing human rights, and recognizing the dignity of every person.

Moral Reasoning

The process through which individuals make decisions about right and wrong, guided by ethical principles and personal values.