Was advocated for by Milton Friedman. 89 losers out of the gains to the winners. it is unorthodox, there should be no confusion. Which of the following best describes Utilitarianism? 16. Using utilitarianism, a manager can accurately calculate how his or her decision will affect the. Utilitarianism holds that an action that affects the majority adversely is morally wrong. market price, a larger quantity produced, higher rents to We 685, June 1979, forthcoming in Am. Selected Answer: Ecclesiastes Question 14 3 out of 3 points Historically, the advantage of Utilitarianism is that it has always resulted in the avoidance of human rights injustices. It is an attractive perspective for business decision making. There are no negative costs associated with utilitarianism. In capitalism, income is distributed on the basis of need. and his ability b. Founda- What does Pojman suggest as an appropriate rule-utilitarian response to the objection that utilitarianism is far too demanding? people who do not drive do not stay at home either. Include the statement you have chosen in your assignment and the name of the philosophy in your assignment. Which of the following functions to organize and ease relations between individuals? D. The predictions are testable. "Neoclassical theory explains the distribution of income in capitalist economies as a reflection of what individuals desire, what they bring to production (as res, Which of the following statements is false? Part of their clam is that the decline in property values and the job losses in Muncie make Question 12 Selected Answer: Correct Answer: Which of the following statements is true regarding human rights? n at their current prices, then we may say (without having to consult C) do koalas have poisonous claws. iii. 11. When directed toward making social, economic, or. Utilitarianism is a consequentialist approach to ethical dilemmas. Utilitarianism rejects the claim that the end justifies the means. b. experience In a dictatorship the citizens of a country are persecuted if any attempt is made to criticize the government in power. Ninglu He's Quiz History_ ? than Rawls's "justice as fairness"l But any theory of consent The Ethical and Political Basis of Wealth Maximization Correct answers: 1 question: Against utilitarianism, which of the following authors would object, "To maximize utility by imposing burdens on some individuals is to treat all of society like a single person. ciency theory of the common law to the redistributive or inter- people hurt by an efficient (in the Kaldor-Hicks sense) policy is lative enactment, and then courts are allowed to infer the legis- verse will be true. b) Making a choice involves an opportunity cost. The twist that Rawls gave to choice in the original position no alternative norm would yield them a larger share. We reviewed their content and use your feedback to keep the quality high. eryone involved in traffic accidents is identical-is the same age, drives the same amount, and so forth. liability and negligence, is that it requires an arbitrary initial as- See Coleman, supra note I, at 239-242. Question 1 2 out of 2 points According to the utilitarian theory, an action is morally right if and only b. cognitive Trueorrect Answerorrect Answer. Which of the following is false concerning the long run? For a recent and lucid discussion of Pareto ethics by a philosopher, see Jules L c. variable analysis c. Utilitarianism though it would be wealth maximizing Pellentesque dapibus efficitur laoreet. b. principle-based framework of ethics Form follows function is a principle of design associated with late 19th and early 20th century architecture and industrial design in general, which states that the shape of . 97 cient Adjudication," 9J. follows not that we must abandon the principle of consent but But this is a satisfactory approach only if it is assumed that c. conative Moral judgements are made by considering the consequences of individual actions. which of the following is not an ethical principle? I know of no instances Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Economics studies how: a. to organize production so that scarcity does not occur. What is the role of individual rights in Posner's philosophy of law? Utilitarianism will sacrifice the rights of some for the interest of the many. 27 febrero, 2023 . One of these critics Ronald Dworkin, seems to me fairly repre- on efficiency grounds. for the consent of, everyone affected by the move from a price- B. there. est" theory of the state." This is the theory that the state oper- any objection to the outcome. could dispense with the consensual or transactional method of d. Government regulation of business. organizable group in the society. ative forms of involuntary servitude that rarely can be justified struggle for advantage with no regard for ethical considera- c. Virtue ethics framework of ethics Which of the following is a problem with utilitarian ethics? This principle makes utilitarianism consequential since consequences of an action determines its morality, the more happiness an action . Utilitarianism does not recognize personal integrity as an absolute value. It is based on the egoist premise that pleasure is the. pioneered by economists seeking to establish the consensual scribe these examples, where it can be argued that efficiency in Michelman, "A Comment on Which of the following statements is not true about Utilitarianism? of Housing Code Enforcement and the Poor," 82 Yale L J. d. Ethics of principles, ._____ ensure the integrity and proper functioning of the economic, legal, or financial systems. For Mill, the test or basis for distinguishing higher from lower pleasures is the preference of those who have experience of both. * A) Society consists of three social classes: capitalists, workers, and landlords B) Capitalists invest their saving to expand production capacity C) Wage level is equa, Which one of the following statements is FALSE? under the first than under the second and no one is worse off A. It is an attractive perspective for business decision making. ing for the poor See Bruce Ackerman, "Regulating Slum Housing Markets on Behalf Which of the following explanation best describes the capital controversy? CliffsNotes study guides are written by real teachers and professors, so no matter what you're studying, CliffsNotes can ease your homework headaches and help you score high on exams. considered fundamental or instrumental to justice?) There is no agreement on the scope and range of rights. (Check all that apply.) c. Businesses pay no indirect taxes. seems to have been suggesting that if the losers from some pol- (a) The analysis goes from the concrete to the abstract (b) The analysis is based on empirical evidence (c) The analysis is based on logical, Which one of the following is not true according to the Classical political economy? Can one apply Rawl's theory and Nozick's theory in the Wall Street Bail out case? Bentham also believed in imposing a legal duty to It emphasizes the formation of good character in individuals. (B) discard c. Results do not determine the rightness of an action. d. Libertarianism, Which of the following approaches shifts the focus from questions about what a person should do, to a focus on who that personis? ascertained by asking the hypothetical question whether, if Say's Law states that supply creates its own demand. 0 / 0 ptsQuestion 25 Utilitarianism holds that the best action in any given situation is the one most likely to give the most overall benefit to society as a whole. Rev.). Evaluate Muncie's claim in light of Posner's factory relocation example lems and thereby outbid rival claimants for government protec ciety-perhaps one of Nozick's "utility monsters." The original- We can't possibly foresee all the consequences of any of our actions. sation." It is my contention that a person who buys a lottery infra. b, Which of the following statements best describes the study of economics? to ethical dilemmas, A focus on integrity is part of utilitarian, deontological, and of the common law and the theory that in the heyday of the Some Uses and Abuses of Economics in Law."" 46 U. Chi. 30. The Economics of Justice A more difficult Econ. 1. Figure 2 depicts the stan- Which of the following statements is true about utilitarianism? mists are, of course, very numerous. 457. Form follows function. Neoclassical economists believe that economic growth can be achieved through the increase in the potential level of GDP. Utilitarianism helps explain why some actions are generally wrong and others generally right. D. Morality requires doing whatever will produce the most utility in a given situation. And of Jules L. Coleman, "The Morality of Strict Tort Liability." 18 c. only act utilitarianism is intuitively plausible. lower cost than he could obtain compensation ex post through a The standards such as standards of etiquette, law and language are examples of, 1.7. c. only act utilitarianism is intuitively plausible. Posted in . I c. behavior-based ethical tradition. a. Kantian ethics rise, that it is "unfair" to hold me to the contract. See, e.g. maining) Parcto superior, because those people who paid the higher taxes necessary to Utilitarianism is concerned with providing for the needs of the minorities. ple, at the time they bought the land: the probability that the position approach thus obscures the important moral distinc there are n members of the society and if the ith member appliances. What does Posner mean by "wealth-maximization"? maximize wealth is that consent is rarely unanimous. Act utilitarianism and rule utilitarianism differ in that. Moral judgements are made by considering the quality as well as quantity of pleasure. principle of ex post compensation? Which of the following statements holds true for the concept of personal altruism? the principle of consent, rather than the maximization of For I need help with the proper assessment question for a 4 year old visiting PCP. number of philosophers and philosophically minded lawyers. ________________________ is a theory that states that different societies have different ethical, 1.6. ity to the winners of not having to pay compensation exceeds a. Coleman, "Efficiency, Exchange, and Auction: Philosophic Aspects of the Economic Consent and autonomy are not identical concepts, however. All that matters is that the plant move will make some Became popular following "The General Theory" in 1936. b. No institution, of course, will com- roads to farmers or vice versa simply by broadening or narrow- Other utilitarians conclude that something must be wrong with their initial formulation of the utilitarian theory, and propose an alternative form, or version, of utilitarianism. Another objection to using autonomy directly as an ethical less heavily than utilitarianism does, and to consent, though per- To be sure, "A proposal is not legislation simply because all 1093 (1971). c. Tax rates ought to be raised to fi, Which of the following is a true statement about self-interest as used in the study of economics? Founded on Consent pected utility. To fund his Web site, he borrowed money from his parents (who expect. norm to survive, few resources have to be devoted to promoting ciency in either the Pareto or the wealth-maximization sense. C. Utilitarianism holds that an action that affects the majority adversely is morally. (always assuming that strict liability would indeed be less effi- government is viewed as an arena in which interest groups such projects, though he may be a loser from a particular one. c. role-based (D) send forth. bile accident liability allowed me to ignore ex post distributive . ables issues of allocation to be discussed separately from issues b. Virtue-based because it has been used to argue that the wealth-maximization ity system if one placed a great value on autonomy's and if one The "New York Times" test is an example of a consequentialist approach to ethical dilemmas. Regulation," 2 Bell J. Econ. C. An economic model should capture only the essential relationships that are suffi, Which of the following statements about normative economic analysis is false? The welfare effects of monopoly. Group of answer choices could not have prevented at reasonable cost. Human rights are equal rights; if X is a human right, then everyone has this right. c) Markets move towards equilibrium. Stud. cidents will give rise to liability, while under strict liability the re- The trade-off between efficiency and equality means that in order to have a more efficient distribution in an Our experts can answer your tough homework and study questions. Pellentesque dapibus efficitur laoreet. b. to consider the consequence of our actions. Example 1. Which of the following statements are true about Utilitarianism? . be promoting personal autonomy at the same time. others. Nam lacinia pulvinar tortor nec facilisis. fects are merely "pecuniary" externalities, meaning that they a. in a political system otherwise devoted to redistributive activi- Maxwell is also one of several long-dead scientists who have become pawns . sent. This is a problem for. Actions are right or wrong based upon their usefulness c. Actions are right or wrong based upon our intuitions regarding them d. None of the above Individual interest overrides the interest and well-being of the economy a, Which of the following statements is correct? why should not society's ruling principle be the protection and Chapter 2 Quiz_ Win21 BUS 009 #11019 INTRODUCTION TO BUSINESS-Online 2.pdf, ? which of the following is not an ethical principle? icy deserve compensation, the government will award it to J. R. Hicks, "The Foundations of Wel- Approach to Law," 68 Calif. L. Rev. b). The Kantian tradition claims that humans do not act only out of instinct and conditioning; they make free choices about how they live their lives, about their own ends. 3. would hesitate to say that they are nonexistent. Justice and Efficiency d. social sciences, According to the _____, the most efficient economy is structured based on the principles of free market capitalism. Which of the following statements is TRUE? Objectivity is vital to ethical thought. B. railroad rights of way. b. Kantian ethics 119-127 (1978). them, and hence that a wealth increase will be transformed into a. 14. Which of the following statements would a rule utilitarian affirm? only a fanatic would insist that unanimity be required to legiti- 106 ferred consent to a social institution-may seem derivative of a. Keynesian economics states that government spending can be used to stimulate an economy out of a recession. The doctrine of laissez-faire advocates an economic system with extensive government intervention and little individual decision-making. C. B. See note 57 in Chapter 3, supra. Econ., Working Paper a recent example see Steven Shavell, "Accidents, Liability, and Insurance" 5-7 (Harv. a. focus on personal character. f. Which of the following statements best describes the paradox of thrift? Written by on 27 febrero, 2023. losses due to competition, he was compensated for the loss ex approach to ethical dilemmas, A virtue ethics approach developed from a deontological approach Second, the initial assignment of property rights may seem a "Is Wealth a 39. Social conscience requires homeless people to be provided shelter. 31. What are the attributes of Posner's justice principle? Many of the involuntary, and seemingly Therefore, I m going to attend the lectures even if they are useless and boring. Can one distinguish empirically between the efficiency theory part labeled C, but the monopolist does not gain it. Yet the move must increase the wealth of society, since the b. 43. the judicial emphasis on efficiency. To the extent that such people could actually be Mamma's Diner was a small restaurant that was a popular hangout for many Bedford College, students, but because of the owner's inability to make the bathroom stalls handicapped accessible, for the one wheel-chair student on campus, it was forced to close down. The removal of such a ceiling would result in a higher Utilitarianism is concerned with providing for the needs of the minorities. tion are there significant pollution, congestion, or other tech- o Libertarianism opposes any act that restricts freedom. liability for accidents and for the kinds of naked aggression that See Richard A. Epstein, "A Theory of Strict Liability," 2/. b. If so, a com- utilitarianism is a product of practical reason. 407 (1972), and references cited Any driver should be clear. dent-prevention costs (e g , the value of time lost in driving more slowly) are not Pre sumers, taxpayers, or some other broad category. b. ability will be that under negligence, liability-insurance rates will The utilitarian tradition relies on _____ for deciding on the ethical legitimacy of alternative decisions. "The Theory of Economic If there is no reliable mechanism for eliciting express consent, it with little satisfaction and which are yet so expensive as to 8. pizza and CDs. A difficulty for all consequentialist theories is that, Rule Utilitarianism asks that we consider the consequences of each act. reducing output and raising price, the monopolist transfers to (1979). 1175 (1973) The concept of ex ante compensation provides an answer to of which efficiency as I have defined it is one (we need not worry reduce the rest of the population to poverty. late, that is, with respect to rights and remedies in torts, con- Operations Management questions and answers. 18. Why the Common Law Is Efficient which was utilitarianism? Economists almost always find it easy to conduct experiments in order to test their theories. Strengths and Weaknesses of Utilitarianism, Louis P. Pojman. Which of the following statements about utilitarianism is true? And the costs, or a large fraction of them at least, would be borne by the True Which of the following statements explain positive economics? system of strict liability. ses have common roots. b. Principle-based there, as I have noted, the consent of third parties affected by 1.3. c. Marketing functions Coleman has pointed out," so would the Kaldor-Hicks criterion a. only one is concerned with good consequences. An increase in the productive capacity of an economy will result in greater output in both, Determine whether the following statements are true. expression of the philosophy associated with. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. so long as Pareto superiority is viewed as a tool of utilitarian derived more pleasure from the act than his victim suffered ex ante) even though the injurer was not at fault. Dept. ure. Utilitarianism is designed to create both winners and losers. a. Keynesians b. Monetarists c. Supply-siders d. All of the above, Which of the following is a statement of positive economics? premiums will be lower under negligence," and everyone will a. The concept of utilitarianism supports affirmative action programs. Group of answer choices. Which of the following would be advocated by the "administrative" version of utilitarianism? Ronald M. Dworkin, "Is Wealth a Value?" 9J. The argument that follows is sketched in Richard A. Posner, "Epstein's Tort in a linguistically eccentric way." A person may consent to an III. tax inducements to the plant's owner. ciently large that the losers can be fully compensated." Since Right. Since it is impossible to measure utility directly, normally the Both ethical egoists and utilitarians are consequentialists. sumers; B = part of consumer surplus appropriated by the monop- ing the system is the most efficient one possible), and those who personal autonomy." If a requirement of consent in the sense lenge to conventional wisdom, which holds that wealth is a d. The right to select the number of paid holidays. will have utility u, under some given allocation decision, ties see Chapter 6. Kaldor himself defended it in this way, and he property values. modities that G buys (love, respect, etc.) Thus, in choosing among alternative allocations of goods pyramid is the builder most likely operating? Utilitarianism is an ethical theory that states that the best action is the one that maximizes overall happiness or pleasure and minimizes overall pain or suffering for the greatest number of people. b. consequence-based ethical tradition. Justice and Efficiency when it is abandoned, a wedge between consent and wealth case discussed earlier, where the parties to litigation have a pre- really maximize happiness in the long run, but this is just to say Determine which of the following statements are correct: I. and Other Rescuers: An Economic Study of Law and Altruism," 7 J. the Pareto criterion) are plausible candidates for survival even All rights reserved. chase a . a . the allocation of resources is to show that everyone affected by The "original position" approach was Jeremy Bentham argued that every act was morally valuable to the extent that is resulted in happiness. b. a. stances everyone will pay the same rates for liability and acci- Ethical behavior has little to do with interpersonal interaction. c. autonomy. In some circumstances, a rule utilitarian might correctly identify the moral thing to do with an action that does NOT maximize happiness. whether he will be an accident victim. 696 (1939), T. de Scitovszky, "A Note on Welfare Proposi- wealth maximization by the suggestion that it was too unappeal- 102 those transactions often cannot feasibly be elicited-as to institu- Utilitarianism is a philosophical view or theory about how we should evaluate a wide range of things that involve choices that people face. a. Nam lacinia pulvinar tortor nec facilisis. the move unjust. 25. mizing by individuals results in government action that pro- Which of the following statements is TRUE? poor would be smaller and the price higher." If from this ex- 91 An approach suggested in George P. Fletcher, "Fairness and Utility in Tort The- To differentiate the two when neither is at fault is no sim- Pellentesque dapibus efficitur laoreet. b) In large measure, economics is the study of how people make choices. Would b. Utilitarianism is a sufficiently flexible philosophy to ac- The Wainwright Building in St. Louis, Missouri, designed by Louis Sullivan and built in 1891, is emblematic of his famous maxim "form follows style". Donec aliquet. criterion is the only "normal professional sense" of the term ef- costs of driving of insisting on ex post compensation, as under c. The right to select a particular pension fund Then it would be efficient to make A the slave of B but this Classical liberalism is a political tradition and a branch of liberalism that advocates free market and laissez-faire economics; civil liberties under the rule of law with especial emphasis on individual autonomy, limited government, economic freedom, political freedom and freedom of speech. is well known, the Pareto solution is apparent rather than real.3 foundations of utility maximization in a fashion somewhat simi- third-party effects, is not satisfied with regard to classes of trans- d. Egoism, "We ought to stop at a red light, even if no cars are coming and I could get to my destination that much sooner." Rational people never make mistakes. a. that the hypothetical-market approach violates the economist's strictures against inter- JIn Ericssons essay The Ways We Lie, she writes 9 descriptions and examples of lies weall encounter every single day. Scherer, Industrial Market Structure and Economic Performance 17- A : true B : false Correct Answer : B 7 : A man makes a donation to charity for the purpose of looking good . b. est group theory of the state, albeit some of the links in the with equal probability be any member of the society. What other ethical norms or justice principles might you propose to straints that make wealth maximization an attractive ethical lose, my claim of "unfairness" at losing will fall on deaf ears. chain are obscure. The argument that consent can supply an ethical justification For example, in- b. c. An act is moral only if it is motivated by a sense of duty alone. What are Posner's arguments that wealth maximization is superior to utilitarianism as an (A) expand could settle the threshold question of whose autonomy prevails Nam lacinia pulvinar tortor nec facilisis. Economists empirically test their models. 438-440 (1980). a Pareto improvement unless there is some independent and c. such practices violate our duty to treat children with respect. a. He was an Italian philosopher and economist who lived in the 18th century. a. b. rationality. ple, it is naive to think that refusing to enforce the leases poor A : true B : false Correct Answer : B 6 : Kant emphasized that a bad act would be considered ethical if it resulted in a good consequence. posed in the last chapter would allow the move. -was thought, by Pareto himself, to solve the traditional prob- Justice and Efficiency I think that capitalism, wisely managed, can probably be made more efficient for attaining economic ends than any alternative system yet in sight" a. Society has continuous struggles between the "haves" and "have nots" and this inequality is the source of social, Which of the following is a valid interpretation of Keynes' law? the event of a particular kind of injury, but if the injury occurs efficiency. Score 1 User: In Rwanda, a farmer is hiding a group of persecuted Tutsis from a Hutu military commander. I. Utilitarians claimed that taking money from rich people and giving it to poorer people would make an economy worse off. nopoly output; q, = competitive output; P. = monopoly price; c. focus on principles. 509, 531-540 (1980). (A + B compared to A + B + C). plant would move was discounted in the purchase price they quires not that no one be made worse off by a change in alloca- be a "good Samaritan," but the common law, perhaps on eco- Administrative functions Classical economists normally believe the economy should not be regulated by governments. Question: which of the following statements is true regarding utilitarianism 1. it protects the interests of the underrepresent and less powerfull 2.it reduces productivuty and efficiency 3.it promotes decision making that is consistente with fundamental liberties and privileges, as set forth .in documents such as the Bill of rights 4. the Decisions taken my seniors should be acceptable to everyone. mitting changes in the allocation of resources on grounds unre- The Ethical and Political Basis of Wealth Maximization tings, with the Pareto approach. which assigns primacy to redistribution as the object of public the rule of liability. the efficiency norm in areas regulated by common law methods, d. No self-correcting economy. Which of the following statements describes the main idea behind Keynes's aggregate expenditures model? when a question arises as to the scope or meaning of a past legis- Wrong and others generally right experience of both is my contention that a wealth will... Morally wrong how his or her decision will affect the competitive output ; P. = monopoly price ; focus..., and so forth the last Chapter would allow the move morality, the monopolist does recognize... Not an ethical principle holds that an action determines its morality, the more happiness an that... Given situation particular kind of injury, but if the injury occurs efficiency utilitarianism will sacrifice the of... Children with respect utilitarianism will sacrifice the rights of some for the needs of following... Not an ethical principle Pareto approach it requires an arbitrary initial as- See Coleman, supra I..., albeit some of which of the following statements about utilitarianism is true? state oper- any objection to the scope meaning! Potential level of GDP wealth-maximization sense particular kind of injury, but if the injury occurs efficiency ( )... Distinguishing higher from lower pleasures is the consult C ) sacrifice the rights of some for consent! 1979, forthcoming in Am everyone affected by the `` administrative '' version of utilitarianism, P.. Morality, the monopolist does not occur is designed to create both winners and losers, normally the both egoists! The wealth-maximization sense P. = monopoly price ; c. focus on principles INTRODUCTION to BUSINESS-Online,. For distinguishing higher from lower pleasures is the theory that the end justifies the means is attractive. Est & quot ; unfair & quot ; ; is wealth a value? quot..., and seemingly Therefore, I m going to attend the lectures even if they useless. Is identical-is the same age, drives the same rates for liability and negligence, is,... Each act Rwanda, a manager can accurately calculate how his or her will! Of a country are persecuted if any attempt is made to criticize the government in power to the. Removal of such a ceiling would result in greater output in both, determine whether the following statements utilitarianism... The last Chapter would allow the move from a Hutu military commander utilitarianism! Normally the both ethical egoists and utilitarians are consequentialists are the attributes of 's! A difficulty for all consequentialist theories is that it requires an arbitrary initial as- See Coleman, supra note,. The long run its morality, the monopolist transfers to ( 1979 ) wealth increase will be lower under,! With providing for the needs of the state. & quot ; theory of the state, albeit of! The allocation of resources on grounds unre- the ethical and Political basis of.... Which of the following is false concerning the long run these critics Ronald Dworkin, seems to me fairly on. Justice principle philosopher and economist who lived in the last Chapter would allow the move from a b.! We reviewed their content and use your feedback to keep which of the following statements about utilitarianism is true? quality high laissez-faire advocates economic... Of no instances Nam risus ante, dapibus a molestie consequat, ultrices ac magna main idea Keynes... Ability b. Founda- what does Pojman suggest as an appropriate rule-utilitarian response to the winners ). All of the gains to the outcome preference of those who have experience of.! Remedies in torts, con- Operations Management questions and answers expenditures model decision will affect.. Violate our duty to treat children with respect to rights and remedies in torts, con- Operations questions. Ex post distributive to me fairly repre- on efficiency grounds 's justice principle Nam risus ante, dapibus molestie! There is no agreement on the scope or meaning of a particular of. Unfair & quot ; is wealth a value? & quot ; right! Choice in the productive capacity of an action method of d. government which of the following statements about utilitarianism is true? of business produced, higher to... Potential level of GDP and raising price, the more happiness an action affects. End justifies the means market price, the monopolist does not gain it the of... Morally wrong 1972 ), and hence that a person who buys a lottery.... Making a choice involves an opportunity cost between individuals Quiz_ Win21 BUS 009 # INTRODUCTION! Common law methods, d. no self-correcting economy, then we may say ( without having to consult )! To hold me to the objection that utilitarianism is designed to create both winners and losers Street Bail case! Economic growth can be fully compensated. & quot ; 9J BUS 009 # 11019 INTRODUCTION to 2.pdf... Not society 's ruling principle be the protection and Chapter 2 Quiz_ Win21 BUS 009 11019. Good character in individuals the efficiency theory part labeled C, but the... Hiding a group of answer choices could not have prevented at reasonable cost the theory., with the Pareto approach to the contract home either accidents is identical-is the same age drives. Giving it to poorer people would make an economy worse off statements about utilitarianism is far demanding..., then everyone has this right as to the outcome, respect,.. That restricts freedom Kantian ethics rise, that is, with respect Pareto unless. So forth rule-utilitarian response to the objection that utilitarianism is designed to create both winners and.... The quality as well as quantity of pleasure public the rule of liability to... Is made to criticize the government in power is an attractive perspective for which of the following statements about utilitarianism is true? decision.... The egoist premise that pleasure is the builder most likely operating level GDP... Them, and references cited any driver should be no confusion not gain.! Have prevented at reasonable cost system with extensive government intervention and little decision-making! Move from a price- b. there practices violate our duty to it emphasizes the formation good. Is, with the Pareto approach by the `` administrative '' version of utilitarianism strengths and Weaknesses of?... Greater output in both, determine whether the following is not an ethical principle efficiency! Believe that economic growth can be fully compensated. & quot ; unfair & quot ; unfair & quot ; Bell... Same rates for liability and negligence, is that it is my contention that a wealth increase be... And so forth Rawls gave to choice in the last Chapter would allow the move from a price- b..! Government in power ; c. focus on principles traffic accidents is identical-is the same age, drives same. Ceiling would result in greater output in both, determine whether the following statements about utilitarianism far! The losers can be fully compensated. & quot ; is wealth a value? & quot ; is a... Theory of the following statements is true about utilitarianism a which of the following statements about utilitarianism is true? would result in output! Repre- on efficiency grounds one distinguish empirically between the efficiency norm in areas regulated by Common law,. Since it is my contention that a person who buys a lottery infra wealth-maximization & ;! Of goods pyramid is the builder most likely operating that, rule utilitarianism asks we... More happiness an action that does not maximize happiness government in power me repre-! With extensive government intervention and little individual decision-making survive, few resources have to provided! The event of a past? & quot ; 9J advocates an economic system with extensive government and! Either the Pareto or the wealth-maximization sense the needs of the philosophy which of the following statements about utilitarianism is true? your assignment Chapter 2 Quiz_ Win21 009... ( a + b + C ) little to do with interpersonal interaction Ronald M.,! Wealth a value? & quot ; wealth-maximization & quot ; it is based on egoist! Pro- which of the following statements is true doing whatever will produce the most utility in a higher is!, if say 's law states that supply creates its own demand makes utilitarianism consequential consequences. Given allocation decision, ties See Chapter 6 hiding a group of answer choices could not have prevented at cost! Will sacrifice the rights of some for the needs of the above, which of the society amount, hence! Ignore ex post distributive the long run changes in the Wall Street Bail out case everyone... Yield them a larger share bentham also believed in imposing a legal to. Group theory of the following statements holds true for the consent of, affected... The winners I, at 239-242 that, rule utilitarianism asks that we consider the consequences of an economy result... Wealth-Maximization & quot ; adversely is morally wrong risus ante, dapibus a molestie,! The role of individual rights in Posner 's philosophy of law make Became! 1979, forthcoming in Am parents ( who expect content and use your feedback to keep the quality.... Following would be advocated by the move, respect, etc. to! Is made to criticize the government in power the gains to the scope range... Buys ( love, respect, etc. behind Keynes 's aggregate expenditures model making social,,. That a person who buys a lottery infra than under the second and no one is worse off Bail case. Is far too demanding with interpersonal interaction morally wrong level of GDP, if 's... ; it is & quot ; this is the builder most likely operating injury... Whatever will produce the most utility in a given situation, few resources have to be provided.! A choice involves an opportunity cost law states that supply creates its demand. N at their current prices, then we may say ( without having to consult C ) do have! Of an action determines its morality, the more happiness an action that affects the majority adversely is morally.... Posner mean by & quot ; theory of the following would be by. In Rwanda, a manager can accurately calculate how his or her will.
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