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- Utilitarian theory holds that what is ethical is the action that achieves the greatest good for the least number of people.What behavioral tendency do people often exhibit with regard to opportunity costs?Generally speaking, the _________ the risk in a job, the _________ workers’ compensation insurance will cost. Select one: a. None of these is correct b. lower; more c. higher; less d. lower; less
- Can the owner of a small business receive unemployment compensation? Explain.What do you think is the difference between claims and entitlements? Why would the manufacturing industry have the highest number of entitlements?"Burdensome employment regulations do more harm than good. If employees don’t like a particular job, they are free to seek another job. It is the labour market that provides the best defence against exploitative employers.” Discuss this argument, referring to at least three of the following:a) bargaining powerb) employment rentsc) equilibrium employment levelsd) Labour-market frictions.
- Which of the following statements related to rights theory is false? a. The highest order rights include the rights to life, autonomy, and human dignity. b. Second-order rights include rights granted by the government, such as civil rights and legal rights. c. Third-order rights include social rights, such as the right to higher education, to good health care, and to earning a living. d. Fourth-order rights include one’s essential interests or personal tastes.Why does the high cost of the system negatively impact the organization's bottom line?
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