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Give Reason Or Explain the Following Statement:Utilly is Ethically Neutral. - Economics

Give reason or explain the following statement:

Utilly is ethically neutral.

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Solution

Utility is ethically neutral.

Utility is ethically neutral this is because the concept of utility has no ethical consideration. Ethically neutral - The concept of utility has no ethical consideration: It is morally neutral. A commodity which possesses utility may satisfy any want. It does not make any difference between good, bad, moral or immoral etc. e.g. Knife has utility for a housewife to cut vegetables and for a killer to harm somebody.
Concept: Meaning of Utility
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