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Egalitarianism Means Transcendence of Self-Interests and Promoting Others' Welfare

question 15

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Egalitarianism means transcendence of self-interests and promoting others' welfare.


Definitions:

Marginal Cost

The incremental cost involved in producing an additional unit of a good or service.

Marginal Revenue

The financial gain a firm acquires from the sale of an extra unit of a product or service.

Surround Sound Systems

Audio systems designed to immerse the listener in a rich and directional sound experience by using multiple speakers placed around the environment.

Total Revenue

The total amount of money received by a company for goods sold or services provided during a certain period of time.

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