<span>He is taking the utilitarian approach to moral reasoning. Moral reasoning is a development in psychology that is related to moral philosophy. Moral reasoning explains how people make ethical decisions between right and wrong from a young age and based on what is the most appropriate action to take. The utilitarian approach to moral reasoning is when the action that is taken produces the largest balance of benefits over harms for everyone that is affected within the situation. </span>
Answer:
The answer is letter A, factors of production.
Explanation:
In economics, the process of production refers to the combination of material inputs and immaterial inputs (the know-how) in order to produce an output that is required by the market. In order to determine the process, it is important to know the factors of production.
<em>The factors of production are the inputs used in order to produce an output, goods or services. </em>There are mainly four factors of production: land, labor, capital and enterprise.
1. Land - refers to the natural resources available for production.
2. Labor - refers to the human input into the production process.
3. Enterprise- refers to the entrepreneurs who organize factors of production and take risks.
4. Capital- refers to the goods used in the supply of other products.
Answer:
d. return on a perpetuity
Explanation:
Two types of stock are common and preferred. Preferred stockholders do not have voting rights but they have a higher claim to earnings and assets as compared to the common stockholders. In the case of preferred stock, a fixed annual dividend is obtained forever. So, the cost of preferred stock is computed the same as the return on a perpetuity
Answer:
Development economics
Explanation:
Development economics is a field which deals with the problems dealt by low-income countries and low-middle income countries. The focus of development economics is to solve the development problems by using economic tools and to push these low-income countries to start trade with developing or developed countries. Development economics gained popularity, especially after globalisation, because it provided low-income countries with an opportunity to interact with other countries.
