Which of the Following Statements Regarding the Teleological Theory Is

question 22

Multiple Choice

Which of the following statements regarding the teleological theory is NOT true?

• A) Teleological theory is concerned with consequences.
• B) Teleological theory judges the ethical good of an action by the effect of the action on others.
• C) Teleological theory focuses more on the motivation and principle behind an action.
• D) Teleological theory is concerned with consequences and judges the ethical good of an action by the effect of the action on others.

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Definitions:

Prices

Monetary values assigned to goods and services in a market, determining how resources are allocated among consumers and producers.

Weak Axiom

A less stringent rule or principle that is accepted as valid, often used in economic theories to make assumptions about consumer behavior.

Revealed Preference

An economic concept suggesting that the choices consumers make reflect their preferences, assuming that their decisions will maximize their satisfaction.

Prices

The amount of money required to purchase goods or services, often determined by supply and demand dynamics.