Answer:
only one absolute moral rule:
the principle of utility
Explanation:
The principle of utility holds that actions or behaviors are morally right or wrong depending on if they promote happiness or pleasure.
They opine that an action is wrong if it brings displeasure and unhappiness and are against absolute moral codes that classify specific actions or behaviors as right or wrong. Utilitarians therefore believe that pain or pleasure can be objectively measured and quantified.
Answer:
<h3> b. small, incremental adjustment.</h3>
Explanation:
In economics, the term marginal change implies to small incremental change in the existing trend of the market or economy. Marginal change does not usually affect the whole economy but may result in a slight difference in the aggregate results.
For example, if a retailer raises the price of a product from $9 to $10 due to increase in marginal cost of the product, it is a marginal change.
Or suppose the average cost of a bus ticket to the next city cost $20 and the total cost of the 40 seats is $800 dollars. But imagine if three seats remained empty and one passenger who did not book a seat wants to pay $15 for a ticket, the driver will willingly accept the offer because although the average cost of a ticket is $20, the marginal cost is merely the cost of the ticket. The driver has to recover gas money from all the three empty seats.
Answer:
C. Beer and Marijuana are complementary goods
Explanation:
Since an increase in the price of beer is reducing the demand for marijuana this means that people were buying both at a time, now that the price of beer is higher they cannot afford both so are buying beer only. Therefore we can say that Beer and Marijuana are complementary goods.
If the increase in beer price led to an increase in Marijuana demand, then that would make them substitute goods since people are <u><em>substituting</em></u> one vice for another cheaper one.
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D. Stereotype. Hope this helps :)
