--%>
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 : Operating analytic Time of

    When this purely-competitive firm makes output level Q, this is operating within the: (i) technological long run. (ii) long run. (iii) short run. (iv) shut down period. (v) boom period of the business cycle.

  • Q : Sustained rates of economic development

    Sustained rates of economic development which exceeded population growth rates would: (w) raise the incomes of the poor without reducing anybody else’s income. (x) raise the incomes of everyone in society. (y) boost the incomes of the poor only

    		•
  • Q : Labor union and an unregulated public

    I have a problem in economics on Labor union and an unregulated public utility. Please help me in the following question. While comparing an influential labor union and an unregulated public utility firm like cable TV, both might: (1) Be considered as the monopolists.

    		•
  • Q : Problem on cross-price elasticity Kathy

    Kathy purchases two goods, t-shirts and caps.  Her demand for t-shirts is: Qt = 44 – 3Pt - Pc + .04IThe price of caps is Pc = $2. And her income is I = $300.a. Graph a demand curve for Kathy’s t-shirts.

    		•
  • Q : Excess demand for commodity When do we

    When do we state that there is an excess demand for a commodity in the market?

    		•
  • Q : Monopsony power in the labor market The

    The firm with monopsony power in labor market: (1) Can hire any significant amount of labor devoid of affecting the wage. (2) Can pay any wage it wishes. (3) Must pay a higher wage when it hires more labor. (4) Must pay a lower wage when it hires more

    		•
  • Q : Perfect competition and monopoly I have

    I have difficulty in this question. Provide me correct solution of this economy question. Compare & contrast the supposition of monopolistic competition along with perfect competition & monopoly.

    		•
  • Q : State the relationship between MPC and

    State the relationship between MPC and multiplier? Answer: The value of multiplier differs directly with MPC.  K=1/1 - MPC.

  • Q : Scope of Economies I have a problem in

    I have a problem in economics on Scope of Economies. Please help me in the following question. Whenever the production of one good (example: milk) decreases the production costs of complementary products (that is, butter and cheese), a firm is capable

    		•
  • Q : Family Allowance Plans for Payments

    Family Allowance Plans [FAPs] as like those common in many European nations give: (w) incentives for couples to live together without marriage due to the punitive tax rates. (x) payments that are roughly enough to feed and clothe each child in a famil

    		•