Problem on utilitarian philosophy

Can someone help me in finding out the right answer from the given options. The utilitarian philosophy didn’t depend on the supposition that: (i) The greatest good for greatest number is the finest social goal. (ii) Individual utilities can be summed up to measure the social welfare. (iii) Pleasure adds to utility, whereas pain detracts from the utility. (iv) People differ extensively in the ability to enjoy some goods. (v) People seek pleasure and try to shun the pain.

View Complete Question

Related Questions in Microeconomics

Q : Amount of output supplied and price

The amount of output supplied is exactly proportional to the price therefore the price elasticity of supply equivalents one into: (w) Panel A. (x) Panel B. (y) Panel C. (z) Panel D.

Q : Types of Surveys Types of Surveys :

Types of Surveys: Surveys can be classified by their method of data collection. Mail, telephone, and in-person interview surveys are the most common. Extracting data from samples of records is also frequently done.

Q : Production function explain the

explain the properties of isoquants with diagram

Q : Prices and sales of normal goods The

The growth of per capita national income would most likely rise the: (i) Prices of lard and employed tires. (ii) Federal budget deficit. (iii) Prices and sales of the luxury cars. (iv) Supply of untrained labor. Ca

Q : Elasticity of demand of arc in demand

The arc elasticity of demand of Ajax for labor in between point b and point c is approximately: (1) 0.30. (2) 0.60. (3) 0.90. (4) one. (5) two.

Q : Generate entry and exit long-run

Purely competitive firms regulate to the optimum size within the long run since: (w) managers are more interested in efficiency than profit. (x) entrepreneurs want to do what is good for society. (y) entry and exit generate long-run equilibrium where

Q : Comparison between supply curves

Comparing supply curves S2 and S3, supply is: (w) more price elastic along S2 than along S3. (x) more price elastic along S3 than S2. (y) equally elastic along both when they have simil

Q : Types of Cost Types of Cost : A) Direct

Types of Cost: A) Direct costs: clearly chargeable to a work package: labour materials equipment other

Q : Reform National Welfare Before the

Before the national welfare reform of 1996s, where Aid to Families with Dependent Children [AFDC]: (w) was the principal government program intended to alleviate poverty. (x) was exempt from any form of taxation. (y) generated pressur

Q : Price inelasticity of supply The price

The price elasticity of supply is zero therefore supply is perfectly price inelastic within: (w) Panel A. (x) Panel B. (y) Panel C. (z) Panel D.

Discover Q & A

Leading Solution Library

Avail More Than 1448485 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1949469
Asked

3,689

Active Tutors

1448485

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment