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QUESTION 1 6 points Save Ar Ethics consists of which of the following: A. Standa

ID: 1149646 • Letter: Q

Question

QUESTION 1 6 points Save Ar Ethics consists of which of the following: A. Standards of behavior, conduct, and moral judgment B. Standards of behavior, conduct, and economic judgment C.Standards of behavior, moral and/or economic judgment, and decisions that maximize profit D. Answer not listed QUESTION 2 State the correct economic criterion for the following: The engineering student club raffled off a donated car, tickets sold for $5 each or three for $10. When the students were selling tickets, they noted that many people had trouble deciding whether to buy one or three tickets. This Indicates the buyers' criterion was O A Maximize the difference between outputis) and inputls) OB. Answer not listed O C.Minimize inputs

Explanation / Answer

1. Option A.

Explanation: Ethics deals with standards of behavior, conduct and moral judgment. So, option A is valid. Ethics is not limited to only economic judgment and it involves economic as well as non-economic judgment. So, option B is not valid. All decisions which maximize profit may not be ethical. So, option C is also invalid.

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