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Stated That "Every Violation of Truth Is a Stab at the Health

question 16

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stated that "Every violation of truth is a stab at the health of human society."


Definitions:

Utility Function

A mathematical representation of a consumer's preference ranking for bundles of goods or services measured in terms of utility.

Consumer's Surplus

The disparity between the amount customers are prepared to spend on a product or service and the actual price they pay.

Earplugs

A device inserted in the ear canal to protect the ears from loud noises, water, or foreign bodies.

Utility Function

A mathematical representation of a consumer's preference orderings over a set of goods and services.

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