Which of the Following Is a Characteristic or a Moral

question 17

Multiple Choice

Which of the following is a characteristic or a moral manager?

• A) is insensitive to the hidden dimensions where people are likely to get hurt
• B) ranks moral factors in decision making just as economic factors are ranked
• C) cites ethical disagreement and ambiguity as reasons for forgetting ethics altogether
• D) sees ethical decisions as isolated and independent of managerial decisions and managerial competence

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Definitions:

Price-discriminating Monopolist

A monopolist that charges different prices to different consumers or groups of consumers for the same product, not based on cost differences.

Market

Any structure that allows buyers and sellers to exchange any type of goods, services, and information.

Price Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good, with elasticity greater than one indicating a strong response.

Raise Profits

The process of increasing a company's profits through different methods such as reducing costs, increasing sales, or improving productivity.