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What is meant by the marginal rate of transformation?
Ethical Theory
A branch of philosophy that investigates the principles of right and wrong conduct, moral life, and moral judgments.
Ethical Relativism
The belief that moral standards vary between individuals, cultures, or situations and that there are no absolute universal moral standards.
Self-Preservation
The protection of oneself from harm or destruction, often considered a basic instinct in humans and animals.
Situational Ethics
is an ethical framework suggesting that the rightness or wrongness of an action depends on the specific context, rather than on universal moral laws.
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