Normative analysis of business and economic life is" ¦
a. a study of the action and assessments that we should make within and about
business and economic life.
b. a whole class of theories that identify ethical reasons for action apart from
weighing the consequences of a choice.
c. a belief that people should act to maximize the utility of everyone involved
d. a theory that people should choose to do that which produces the best overall
consequences.
A
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