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An Enormous Land Reclamation Project That Created 11,000 Acres from Former

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An enormous land reclamation project that created 11,000 acres from former wasteland and the sea during the nineteenth century occurred in

Understand the basic principles of utilitarianism and the distinction between act and rule utilitarianism.
Grasp the key concepts of feminist ethics, virtue ethics, and their critiques.
Recognize the significance of the capabilities approach as advocated by Martha Nussbaum.
Comprehend the principle of utility and its criticisms, including the potential for justifying harm for greater good.

Definitions:

Monopoly

A market structure characterized by a single seller, selling a unique product in the market. The seller faces no competition, as he is the sole seller of goods with no close substitute.

Average Cost

This is the total cost divided by the number of goods produced, representing the cost on average for each unit produced.

Marginal Cost

The financial commitment for producing one more unit of a product or service.

Franchise

A type of license that grants a franchisee access to a franchisor’s proprietary knowledge, processes, and trademarks, allowing them to sell a product or service under the business's name.

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