1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Romashka [77]
2 years ago
13

One of the problems associated with the utilitarianism is that it does not recognize that taxing those with higher incomes resul

ts in less work effort. each individual receives a different marginal benefit from a dollar's worth of income. equity is achieved when there is no poor and no rich. similar individuals should be treated the same.
Business
1 answer:
Shalnov [3]2 years ago
7 0

Answer:

taxing those with higher incomes results in less work effort.

Explanation:

In normative ethics, utilitarian ethics (utilitarianism) can be defined as a theory of morality or ethical theory that typically involves engaging in actions that facilitate pleasure, joy or happiness while completely opposing any action capable of causing harm and unhappiness.

Basically, utilitarian ethics considers an action to be right or morally correct if it produces genuine happiness or joy in the mind of a large number of people in an organization, group or society.

The three (3) main principles (axioms) of utilitarian ethics (utilitarianism) include the following;

I. The only thing with an intrinsic value is pleasure or happiness.

II. If an action promotes happiness or pleasure, then it is right; it is wrong if it causes harm or unhappiness (sadness).

III. The happiness of everyone in a group or society should count equally.

One of the problems associated with the utilitarianism is that it does not recognize that taxing those with higher incomes results in less work effort.

You might be interested in
As part of an economics class project, students were asked to randomly select 500 New York Stock Exchange (NYSE) stocks from the
svet-max [94.6K]

Answer:

Descriptive Statistics

Explanation:

Descriptive Statistics is a technique in which data is collected and then analysis is made on the selected data through numerical techniques or graphs. In the given question the students have selected stocks and are analyzing its performance through graphical and numerical technique. This is descriptive statistics.

6 0
3 years ago
jayda started a corporation that creates software products for clients. which statement correctly reflects jayde's role in the c
HACTEHA [7]

Answer:

good for herlelellelelel

4 0
3 years ago
Read 2 more answers
Wingate Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its mo
k0ka [10]

Answer:

Wingate Company

1. Contribution format income statement segmented by divisions:

                                               Company        East         Central         West

Sales                                    $ 1,500,000  $350,000  $620,000  $530,000

Variable expenses                   655,500     154,000      241,800    259,700

Contribution margin                 844,500  $196,000   $378,200  $270,300

Traceable fixed expenses        819,000    294,000    329,000     196,000

Non-traceable fixed expenses 110,000

Net operating income (loss) $ (84,500)  $(98,000)    $49,200    $74,300

2. Decrease in net operating loss = $45,200

Explanation:

a) Data and Calculations:

Wingate's most recent monthly contribution format income statement:

Sales                                    $ 1,500,000

Variable expenses                   655,500

Contribution margin                 844,500

Fixed expenses                       929,000

Net operating income (loss) $ (84,500)

Additional data:

Division                                       East        Central         West

Sales                                   $ 350,000  $ 620,000   $ 530,000

Variable expenses as

 a percentage of sales                44 %           39 %            49 %

Traceable fixed expenses $ 294,000  $ 329,000   $ 196,000

Implementation of the proposal:

Sales for West = $604,200 ($530,000 * 1.14)

Traceable fixed expenses for West = $225,000 ($196,000 + 29,000)

Contribution format income statement segmented by divisions:

                                               Company        East         Central         West

Sales                                    $ 1,574,200  $350,000  $620,000  $604,200

Variable expenses                   655,500     154,000      241,800    259,700

Contribution margin                  918,700  $196,000   $378,200  $344,500

Traceable fixed expenses        848,000   294,000    329,000    225,000

Non-traceable fixed expenses 110,000

Net operating income (loss) $ (39,300)  $(98,000)    $49,200   $119,500

Decrease in net operating loss = $45,200 ($84,500 - 39,300)

5 0
2 years ago
With regard to the factors of production, "land" refers to which of these?
Orlov [11]
A) because that is they only one that actually makes sense
6 0
2 years ago
Yvonne works in the distribution center for publix supermarket, creating and placing price and identification labels on merchand
rewona [7]

Yvonne’s job involves of ticketing and marking. This is where products are being labeled with identification or that price tags were being assigned to each products for consumers to have the knowledge about the product in which Yvonne’s job is involved to.

5 0
3 years ago
Other questions:
  • Suppose the spot rates for 1 and 2 years are s1=6.3% and s2=6.9% with annual compounding. recall that in this course interest ra
    15·1 answer
  • A server administrator is configuring access control on a file server for an organization. The Human Resources manager is taking
    8·1 answer
  • Virginia's parents gave her money to put in her cafeteria account at the beginning of the school year. the function f (s) = 60 –
    14·2 answers
  • Stock A has a beta of 1.7 and has the same reward-to-risk ratio as stock B. Stock B has a beta of .8 and an expected return of 1
    13·1 answer
  • For firms in perfectly (purely) competitive markets, long‑run economic profits are zero because firms will exit this market if p
    5·1 answer
  • Compute the asset turnover ratio using the following information: net sales is $100,000 for the year, last year's assets in plac
    9·1 answer
  • i have a kid named aj he is talking to himself and he is allways yelling can you have me evidence he is from windy hill middle s
    14·2 answers
  • You are asked to push a particular viewpoint with a client. The request makes perfect business sense but you happen to not belie
    8·1 answer
  • Nedra uses her debit card on a daily basis. The last time she used it was the evening before at a restaurant. This morning, she
    10·1 answer
  • Why are 4 of 1K plants not working for all Americans
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!