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Determine the open intervals on which the graph of is concave downward or concave upward.
Utilitarian Theory
An ethical theory that suggests the best action is the one that maximizes utility, typically defined as that which produces the greatest well-being of the greatest number of people.
Predict Outcomes
The process of forecasting the probable results or consequences of an action or event based on current data or trends.
Self-interest
Acting based on one’s own benefit or advantage, often disregarding others.
Utilitarian Theory
A normative ethical theory that proposes actions are right if they benefit the majority, aiming to maximize happiness and reduce suffering.
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