Which of the Following Is Characteristic of Moral Realism

question 146

Multiple Choice

Which of the following is characteristic of moral realism?

• A) a belief in immanent justice
• B) postconventional level reasoning
• C) understanding that rules are created by people to help them get along
• D) making moral decisions based on personal, moral principles

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Definitions:

Equilibrium Price

The price at which the quantity of goods suppliers are willing to sell equals the quantity consumers are willing to buy, leading to a balance of demand and supply.

Consumer Surplus

The variance between a consumer's maximum price readiness for a product or service and the real payment made.

Marginal Buyer

The consumer whose desire or need for a product is the least among all buyers, often determining the highest price they're willing to pay in a market.

Demand Curve

A chart that illustrates the connection between a good's price and the amount that consumers want to purchase.