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The midpoint method is used to calculate elasticity between two points because it gives the same answer regardless of the direction of the change.
Human Flourishing
A state where individuals live within an optimal range of human functioning, including happiness, health, and fulfillment.
Well-being
The state of being comfortable, healthy, or happy, encompassing physical, psychological, and emotional aspects of an individual's life.
Practical Wisdom
The ability to make judicious decisions in everyday life based on experience, knowledge, and moral insight.
Ethical Matters
Pertains to issues or situations that require individuals or organizations to choose actions that are morally right and just.
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