--%>

Problem regarding Utilitarianism

Can someone help me in finding out the right answer from the given options. However the idea that people seek happiness and try to evade pain dates back to Epicurus and other ancient Greeks, the individual generally acknowledged as the founder of the ‘modern’ school of thought termed as utilitarianism was: (1) John Stuart Mill. (2) Thorstein Veblen. (3) Jeremy Bentham. (4) William James. (5) Fyodor Dostoyevsky.

   Related Questions in Microeconomics

  • Q : Range of market demand in market

    When economies of scale in producing a product persist across the complete range of market demand as: (w) pure competition is the most efficient market structure. (x) competition will prevent monopolization of the industry. (y) compet

  • Q : Heterodox perspective One of my friend

    One of my friend can't find the answer of this question.Give me answer of this question. From a heterodox perspective, the household is rarely indifferent while considering the profit of two bundles of goods.Why?

  • Q : Effects of increasing the price raise

    Increasing the price as in demonstrated figure for DVD games will raise total revenue at the entire prices: (w) on this demand curve. (x) above $30. (y) below $30. (z) below $25. Hey friends please give your opinio

  • Q : Problem Bilateral Monopoly The word

    The word economists employ to explain a condition where a powerful seller confronts the powerful buyer is: (1) Reciprocal exploitation. (2) Strategic bloc management. (3) Dialectical bargaining. (4) Ancillary reciprocity. (5) Bilateral monopoly.

    Q : Labor Supply-Elasticity I have a

    I have a problem in economics on Labor Supply-Elasticity. Please help me in the following question. When we try to list the labor supplies from least elastic to the most elastic, then the most accurate ranking would most likely be: (i) Competitive fir

  • 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 : Relative profitability and efficiencies

    From around 1890 until 1970 year, the “structure-conduct-performance paradigm” dominated theories concerning how firms behave in various types of markets. Here the word “performance” in this context consider to things as: (i) d

  • Q : Decrease the burden of sales tax on low

    To decrease the burden of a sales tax upon low income households, in that case: (i) goods along with high income elasticities should be taxed. (ii) goods along with low income elasticities should be taxed. (iii) goods along with high income elasticities must be exempt

  • Q : Problem of what to produce Describe the

    Describe the problem of What to produce?

  • Q : Pure competitors or perfect competitors

    The price makers in a purely competitive market are: (i) pure competitors or perfect competitors. (ii) producers of capital goods. (iii) pure oligopolies. (iv) monopolistic competitors.  (v) pure monopolies. H