Examlex
Suppose you invest in 100 shares of BHP at $40 per share and 200 shares of ANZ at $25 per share. If the price of BHP increases to $50 and the price of ANZ decreases to $20 per share, what is the return on your portfolio?
Rule Consequentialism
An ethical theory that suggests the moral correctness of an action depends on the consequences of following rules that are designed to promote the greatest good.
Classical Utilitarians
Philosophers such as Jeremy Bentham and John Stuart Mill who advocated for utilitarianism, a moral theory that actions are right if they result in the greatest happiness for the greatest number of people.
Act Consequentialists
Ethical theorists who evaluate the morality of an action based solely on the outcomes or consequences it produces.
Utilitarian Decision
A decision-making process that maximizes overall happiness and minimizes overall pain, in line with utilitarian principles.
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