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Travis is giving a speech to his biology class, discussing the digestive system of the human body. Travis should
Standard Of Living
A level of material comfort as measured by the goods, services, and luxuries available to an individual, group, or nation.
Marginal Utility
The extra pleasure or benefit gained by consuming one more unit of a product or service.
Utilitarian
A normative ethical theory that posits the best action is the one that maximizes utility, generally defined as maximizing happiness and reducing suffering.
Diminishing
A concept referring to the point at which the level of profits or benefits gained is less than the amount of money or energy invested.
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