Poles of pain and pleasure

Assignment Help Microeconomics
Reference no: EM131891784

Jeremy Bentham argued that every act was morally valuable to the extent that is resulted in happiness. All moral judgements were passed upon the poles of pain and pleasure. Describe this in terms of economics.

Reference no: EM131891784

Questions Cloud

Analyze the growing regions and types of wines produced : Compare and contrast the wines of Italy and Spain. Evaluate the history, analyze the growing regions and types of wines produced.
The uncertainty inherent in realistic financial projections : The simplest technique to cope with the uncertainty inherent in realistic financial projections is:
Impact of a change in government spending : How does the multiplier tell us the impact of a change in government spending?
Define effective demand : Define effective demand and what it leads to if there is a lack there of the market.
Poles of pain and pleasure : All moral judgements were passed upon the poles of pain and pleasure. Describe this in terms of economics.
Income statement and balance sheet figures to future sales : One straightforward yet effective way to simplify the challenge of forecasting which ties many of the income statement and balance sheet figures to future sales
How he perceives population will be kept in check : Thomas Malthus is widely known for his writings on population and how economic growth is hindered by an excessive population.
Discuss the impact of government and private agencies : External drivers are often related to changes in the administrative or political setting of the environment, and the leadership of the organization.
What profit do you actually expect-expected profit : The Watson Co. and the McIlroy Co. have both announced IPOs at $40 per share. What profit do you actually expect? What principle have you illustrated?

Reviews

Write a Review

Microeconomics Questions & Answers

  How does analysis of demand contribute to business decision

How does analysis of demand contribute to business decision making give your answer with reference to the responsibilities of a sales manager?

  Consumer preferences for public and private goods

As an alternative, a government may establish a budget category, funded by tax collections, for purchasing lands for public use. Is one approach more likely than the other to lead to a social optimum (i.e., be most consistent with consumer prefere..

  What is the key objective of a supply side policy?

What is the definition of ‘supply side policy'? What is the key objective of a supply side policy?

  How many months of ownership will be required

Stan Moneymaker has been informed of a major automobile manufacturer's plan to conserve on gasoline consumption through improved engine design.

  Fiscal policies such as the recent pay-roll tax cut

Fiscal policies such as the recent pay-roll tax cut, may result in all of the following, except

  What is the firm''s total fixed cost in dollars?

a. What is the firm's total fixed cost in dollars? How do you know this?   b. What is the marginal cost for the 5th unit of output?

  1 in problem 1 if charlies utility function were x5axb if

1. in problem 1 if charlies utility function were x5axb if apples cost 70 cents each and if bananas cost 10 cents each

  What is the most unbiased tool random selection

When is a stratified sample an appropriate sampling technique? specific characteristics of the population are of no concern individuals in a population are not equal each member must have an equal chance of being selected you have a small population ..

  Explain the law of downward-sloping demand

Over the last 30 years in the United States, the realprice of a college education after adjusting for inflation has increased by almost 70 percent.

  Last financial crisis and present economic situation

Go back to 2007 when we had the last financial crisis and present economic situation, and then outlook for the economy over the next year or two. Concentrate on unemployment, GDP growth and population structure .

  A shock to the firms intrinsic value share price will

a shock to a firms intrinsic value the share price will slowly but surely approach that new intrinsic value. is this

  Compare and contrast four companies with regards to their

write a 3 to 4 page apa-formatted paper in which you address the questions below. use at least three cited references

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd