Examlex
Only one of the approaches to ethical reasoning has as its central tenet that actions are more right if they promote more happiness,more wrong as they produce unhappiness.Which approach applies?
Quantity Demanded
The total amount of a good or service that consumers are willing and able to purchase at a given price.
Change in Price
The variation in the price level of goods or services over a period of time.
Elastic
Describes a situation in economics where the demand or supply for a good or service significantly changes in response to changes in price.
Total Revenue
The total amount of money generated by a business through its sales of goods or services before any expenses are deducted.
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