What Does Utilitarian Theory Hold

question 27

Multiple Choice

What does utilitarian theory hold?

• A)There is a decision that exists that is optimal for all people.
• B)What is ethical is the action that achieves the least bad for the greatest number of people.
• C)What is ethical is the action that achieves the greatest good for the greatest number of people.
• D)What is ethical is the action that achieves the greatest good for all people.

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Definitions:

Marginal Social Benefit

The extra advantage that the entire society gains from using an additional unit of a product or service.

Public Good

A product that is non-excludable and non-rivalrous in consumption, meaning it is available to all members of society without depletion.

Nonrival

Refers to a good where one person's use does not reduce the amount available for others.

Nonexcludable

A characteristic of goods where it is difficult or impossible to prevent people from using the good once it has been provided.