B- the Mormons were persecuted to they decided to settle west
This is a question that refers to philosophical utilitarianism.
It is the search for the maximum happiness and pleasure, with the least possible suffering, but with an implicit moral question. When we are led to the feeling of pain or pleasure, we determine the way forward and know what is right or wrong.
In this way, it is possible that we are facing a moral dilemma. In our quest for happiness or minimizing our pain, our actions can impact others. That is, utilitarianism is essentially a teleological and consequentialist theory. Therefore, we must seek the impartial maximization of the happiness of all affected by our attitudes, regardless of the affective ties.
The correct answer is the first one
Answer: CORRECT ANSWER IS OPTION C (MAXIMIZED THE COMBINED WELFARE OF BUYERS AND SELLERS).
EXPLANATION:
The equilibrium price or market-clearing price is referred to as the price when the market is at equilibrium (or the same) i.e quantity demanded (the amount of the product that consumers is willing to buy) equals quantity supplied (i.e the amount of product the producers want to sell). Hence, the agreed quantity is termed as the equilibrium quantity.
Therefore, when there is equilibrium of supply and demand (i.e market equilibrium), it maximizes the total benefits to buyers and sellers participating in that market. Both the buyer and the seller gain at this market structure with no loss end.
