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I make moral decisions based on my views of what a good society should be like. This good society means I support the values of society like fair procedures for changing laws while recognizing that groups differ and we should agree on these laws. Which stages are in the post-conventional level?
Fixed Cost
A cost that does not change with an increase or decrease in the number of goods or services produced or sold.
Plant
A living organism of the kind exemplified by trees, shrubs, herbs, grasses, ferns, and mosses, typically growing in a permanent site, absorbing water and inorganic substances through its roots, and synthesizing nutrients in its leaves by photosynthesis using the green pigment chlorophyll.
Total Product Curve
A curve that shows the relationship between the quantity of inputs used in production and the quantity of output from production.
Marginal Product Curve
A graph that illustrates the change in output when an additional unit of input is added, holding all other inputs constant.
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