Based on the information shown in Exhibit 3, how much cloth can Wendy produce in one day using all of her resources?
a. 3 yards
b. 4 yards
c. 5 yards
d. 10 yards
c. 5 yards
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Which of the following best describes rule utilitarianism?
a. a person considers an action independently of a situation and determines whether it is more often moral or immoral to determine how to classify it in all situations b. a person who considers a situation and decides upon the easiest course of action c. a person who considers an action and determines whether it would end favorably for them d. a person examines a situation, considers all possible actions they could take and decides which one would end most favorably for all involved
Explain how low-skilled workers might actually be made worse off from a minimum wage law in terms of working conditions and job training. In addition, what might be the long-run impact on wages and earnings?
What will be an ideal response?