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The nation is at war, and your number in the recently reinstated military draft has just come up. The problem is that after serious reflection, you have concluded that the war is unjust. What advice might Socrates give you? Would you agree? What might you decide to do?
Subjective Benefits
Advantages perceived on a personal level, often influenced by individual preferences, experiences, or expectations.
Quantify
To express or measure something in terms of numbers or quantities.
Capital Budgeting
The process by which investors and managers decide which significant investments or projects to undertake, based on potential profitability.
Risk
The potential for loss, damage, or any other negative occurrence that may be avoided through preemptive action.
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