Ethical neutrality is the opposite of_________________?
Correct answer: B. judgmental social science
- A. objectivity
- B. judgmental social science
- C. generalization
- D. participant observation
Explanation
Ethical neutrality requires avoiding value judgments in research, whereas judgmental social science evaluates social behaviour according to subjective standards. Objectivity is therefore close to ethical neutrality, not its opposite.
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Individual consumers, firms and markets are examined through demand and supply, elasticity, consumer choice, production, costs, revenue and the determination of prices and output. The topic also covers market structures such as perfect competition, monopoly and oligopoly, plus market failure, externalities and the distinction between microeconomic decisions and economy-wide outcomes.
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