Examlex
Moral deliberation requires balancing moral principles derived from our moral theory with our considered moral judgments. The ultimate goal in this give-and-take of theory and judgment is
Quantity Changes
Variations in the amount of goods or services produced or consumed in response to changes in market conditions, such as price or consumer preference.
Price Changes
Variations in the cost of goods or services in the market over time.
Ockham's Razor
A principle stating that in explaining a thing, no more assumptions should be made than are necessary.
Irrelevant Detail
Information that does not have a direct impact on the conclusion or outcome of a particular issue or situation.
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