--%>

Felicific calculation of utilitarianism

The supposition that a ‘felicific calculation’ gives a proficient guide for fitting punishment to the crime committed is an integral portion of: (1) Gresham’s Law that ‘Bad will drive out Good’. (2) Jeremy Bentham’s utilitarianism. (3) Say’s Law of the Market Behavior. (4) Maslow’s Hierarchy of requirements.

Can someone please help me in finding out the accurate answer from the above options.

   Related Questions in Microeconomics

  • Q : High relative income define by Census

    The Department of the Census defines high relative income as experienced while families: (w) earn more than $60,000 annually per worker in the family. (x) have income which is twice the median incomes of other American families. (y) e

  • Q : Exploitation of Labor-average revenue

    The Exploitation might not exist even when the wage a worker is paid is less than worker’s: (1) Average revenue product. (2) Marginal revenue product. (3) Marginal factor cost. (4) The value of marginal product. Can someone p

  • Q : Quantity demanded and goods price The

    The law of demand defines that there is a negative relationship among: (1) A good’s price and quantity demanded. (2) Limitless demands and inadequate resources. (3) The quantities demanded and supplied. (4) People’s income and demands for

  • Q : Estimate minimum average costs

    Robomatic Corporation could attain minimum average costs for RoboMaids when this produced: (1) 4,000 robots per month. (2) 6,000 robots per month. (3) 8,000 robots per month. (4) 10,000 robots per month. (5) 12,000 robots per month.

    Q : Relation between average and marginal

    Describe the relation between average revenue and marginal revenue. whenever a firm can sell an extra unit or a good by lowering price.

  • Q : When is not total annual revenue

    As per this demonstrated figure in below, unless something changes the total annual revenue of Robot Butlers, Inc. Can’t exceed: (1) $10,000. (2) $20,000. (3) $100 million. (4) $200 million. (5) $400 million.

  • Q : Reduces total production cost and raise

    Assume that Joe discovers the price elasticity of market demand to be 0.8 for Joe’s additional fancy dehydrated water at the present price of $10 per barrel. Every barrel averages $2 to generate. Joe can: (w) increase his profits by 80% if he in

  • Q : Problem on rational ignorance An

    An illustration of rational ignorance is demonstrated when you: (1) Are elected to a political office. (2) Settle for an other half who is not your "ideal" mate. (3) Eat a steak which increases your cholesterol level. (4) Were suspended from high scho

  • Q : Constant cost industry in competitive

    When brick-making is a constant cost industry, during the long run this firm is probable to experience: (i) a severe shrinking of economic profit to zero. (ii) a decline in the price of bricks to approximately eight cents apiece. (iii) increased compe

  • Q : Present Value of an Asset The present

    The present value of an asset refers to the: (w) consumer surplus derived from the asset throughout the current period. (x) value today of any expected income payments related with owning the asset. (y) economic rent realized after paying the market p