Choose the One Most Appropriate Answer for Each

question 36

Multiple Choice

Choose the one most appropriate answer for each.
-Homo erectus

• A)shorter than modern humans, but stood upright; stocky body adapted to colder climates
• B)arose in Africa about 2 million years ago; had a significantly larger brain than earlier hominins and a gait similar to modern humans
• C)modern humans since 195,000 years ago
• D)Lucy; lived about 3.2 million years ago

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Definitions:

Oligopoly

A market structure dominated by a small number of firms, leading to limited competition and possibly higher prices for consumers.

Utilitarianism

An ethical theory that suggests the best action is the one that maximizes utility, typically defined as that which produces the greatest well-being of the greatest number of people.

Moral Philosophy

The branch of philosophy dealing with values relating to human conduct, with respect to the rightness and wrongness of certain actions and to the goodness and badness of the motives and ends of such actions.

Ethical Behavior

Conducting oneself in a manner that adheres to principles of morality and fairness in all aspects of life, including business practices.