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In what ways is utilitarianism impartial? Is this a strength or a weakness of the theory? Defend your answer.
Economic Resource
An asset that is used in the production of goods and services, including natural, human, and capital resources.
Product Price
The monetary value assigned to a good or service for sale.
Total Output
The aggregate amount of goods and services produced by an economy over a specific time period.
Marginal Revenue Product
The increased earnings obtained from utilizing an extra unit of an element, such as labor or capital.
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