--%>
Assignment Help - homework help

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.

   Related Questions in Microeconomics

  • Q : Lower price results in higher product

    When lower price outcomes in higher bread sales, this points out an: (i) Raise in the quantity of bread demanded. (ii) Raise in the quantity of bread supplied. (iii) Exception to the law of demand. (iv) Raised taste for bread. Can

    		•
  • Q : Market in terms of economists To

    To economists, the noun ‘market’ signifies to: (1) The geographic place where many products are sold. (2) Any institution which enables sellers and buyers to strike bargains. (3) The New York Stock Exchange. (4) Selling goods and resources or stocks and bo

    		•
  • Q : Decisions of firms and households for

    Microeconomic analysis is more attached than macroeconomics along with the: (1) banking and monetary systems. (2) rates of joblessness and inflation. (3) inequity caused by main depressions. (4) rate of economic development. (5) decis

    		•
  • Q : Laws and Regulations-caveat emptor I

    I have a problem in economics on Laws and Regulations-caveat emptor. Please help me in the following question. The Latin phrase which means ‘let the buyer beware is: (1) Caveat emptor. (2) Laissez-faire. (3) Fiat justitia and ruat coelum. (4) Epluribus unum. (5)

    		•
  • Q : Goods produced and sold in the US Who

    Who decides what goods services will be produced and were sold in the US?

    		•
  • Q : Supply of labor curve problem Can

    Can someone please help me in finding out the accurate answer from the following question. Employer with the monopsony power which as well had the ability to wage discriminate perfectly would tackle a marginal factor cost of labor

    		•
  • Q : Barriers of entry with oligopoly market

    Barriers of entry tend to be important, and main industries dominated by some huge firms while the market structure is an: (w) monopoly. (x) perfect competition. (y) oligopoly. (z) cartel. Can anybody suggest me th

    		•
  • Q : Profits and losses in long run In the

    In the long run: (i) purely competitive firms make zero economic profits. (ii) monopolistically competitive firms make zero economic profits. (iii) effective barriers to entry may permit economic profits. (iv) oligopolists and monopolists may realize

    		•
  • Q : Define Marginal Utility Marginal

    Marginal Utility: It is addition more to the net or total utility as consumption is increased by one more unit of commodity.

    		•
  • Q : Characteristics of constant cost

    Characteristics of industries which are not characteristics internal to operations of an individual firm include: (1) potential principal-agent problems. (2) diseconomies of scale. (3) production costs which either increase or decrease like the size of a market not su

    		•