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How Do We Decide on Opportunity Cost When We Have

question 55

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How do we decide on opportunity cost when we have several opportunities that need to be foregone?


Definitions:

Moral Responsibility

The obligation to act righteously and to be accountable for one's actions.

Determinism

The concept in philosophy that every event, including decisions of a moral nature, are fully dictated by causes that predated them.

Free Will

The capacity of agents to choose between different possible courses of action unimpeded.

Determinism

The philosophical doctrine suggesting that all events, including moral choices, are determined by previously existing causes.

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