The school of ethical thought that advocates situational ethics, i.e., each behavior should be evaluated on its own merits, is the: <span>Utilitarian ethical principle
</span>Utilitarian ethical principle determine if a behavior is right or wrong solely based on the outcome of choosing one decision over other decision.
This thinking mechanism led to the advocation of seeing right or wrong based on the situation (situational ethics)
B) American colonists like Samuel Adams and George Washington who fought for independence from Britain.
Answer:
The correct answer is A)The firm is technologically inefficient and also economically inefficient
Explanation:
It is technologically inefficient because it is using 12 units of capital to produce 100 units of output, when it could only use 8 units of capital to produce the same output. In other words, it is using more capital than it has to, and that is a sign of technological inefficiency.
It is also economically inefficient because it is pouring more money ($150) to produce output, than it has to ($120).
