Ethics is about making good decisions.Sometimes it is hard to see what economics has to do with ethics until you remember that economics is often defined as the:
A)science of choice.
B)key branch of theology.
C)study of market failures.
D)study of production techniques.

Question

Quizplus · Accepted Answer

Economics is the science of choice, meaning it is concerned with how individuals, businesses, and governments make decisions about how to allocate scarce resources. These decisions have ethical implications, as they can impact the well-being and interests of different individuals and groups. Therefore, understanding economics is essential to making informed, ethical decisions in various contexts, such as in business, policy-making, and personal finance.

Ethics Is About Making Good Decisions