whereby a firm’s optimal performance or most profitable performance is when marginal cost is equal marginal revenue. When adjusting the price to determine maxim profit the maximizing profit tends to occur at the point where marginal cost equals marginal revenue as demonstrated by the results shown by toggling the price of the demand curve. With a maxim profit Quasar had a total cost of $12.18 billion‚ total revenue of 13.5 billion‚ total profit of 1.29 billion and set price per unit of $2‚550.00. Additionally
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Kant’s Theory of Ethical Duty: A Deeper Look Immanuel Kant‚ one of the most significant and popular theorists‚ was also one of the last key philosophers of the Enlightenment period. Existing ethical assumptions are being deduced using this ethical theory of duty‚ which argues that the when an action can be supported and willed by practical reason and universal law‚ it is the right action. Kant did not believe that just mere virtues can measure ethics. Looking
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characterized by epic inflation which has a comic effect. Flecknoe who is known to be a worthless poet is compared to Augustus Caesar. The mock-heroic vein is continued throughout the poem in the portrayal of Shadwell as MacFlecknoe. The note of ironic politeness is continued also‚ being inseparable from the mock-epic device. MacFlecknoe is regarded by his father as the suitable person to succeed to the throne of dullness because he looks majestic with his huge bulk‚ like the huge oak trees and is at the
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The Olympic Game is a mega-event in the world‚ it represent the spirit of friendship‚ peace and solidarity. Today‚ the Olympic Games are just a little different than in ancient times. More than two hundreds nations participate in it‚ and compete to bid for hosting the Olympic Games to gain benefits (Toohey & Veal 2007‚ pp.1-4). It is therefore suggested in this essay‚ nations consider that hosting Olympic Games can bring benefits beyond economic profits to country. Infrastructural development
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Biomedical Ethics Exam 1 Study Guide Answers 1. The central aim of the normative theory is to provide well supported principles of conduct and value that will be useful for guiding people’s actions. There are 2 branches : 1. Right conduct theory: what makes right acts right? Example—abortion.. “hurting others is wrong”.. “killing people is wrong” 2. Value theory: what sorts of things are intrinsically valuable? 2. The central aim of the Value theory
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Tolkien has experienced a resurgence of interest in the last two decades-in a large part thanks to Peter Jackson’s film adaptations of both The Lord of the Rings and The Hobbit. However I do not wish to look at the movies‚ or indeed at any of Tolkien’s more prevalent work. I wish to focus on his poetry‚ the poems woven into the narrative of his popular novels (including revised versions published in The History of Middle-earth series) as well as his stand-alone pieces that may have little to do with
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For as long as society existed‚ there have been attempts of defining morality. Morality is the boundary between a hero and a villain. In TV shows and cartoons‚ we learned that heroes‚ regardless how strong the temptation‚ would choose to do the right thing rather than what’s easy‚ whereas villains would do anything and everything within their power to get what they want. An example of this contrast is Batman and the Joker. Batman never breaks his one rule to kill‚ despite of the cruel things
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permissible if the maxim‚the principle behind an action‚ could become a universal law.. For example‚ if a man decided to end his own life‚ because he saw nothing besides evil and suffering in his future then the maxim of that action is as follows: when one feels that there is nothing left in life besides evil and suffering then it is permissible to end one’s own life. Now to apply this maxim universally we will say that if everyone in existence chose along the lines of this maxim when faced with a
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Zack Freeman HIST102 July 17‚ 2013 Research Paper Technology and WWI In the tense times just before the dawn of World War I‚ no man could possibly have conceived just how terrible the war looming on the horizon of Europe would be. Before the nineteenth century‚ war consisted of large battalions of men‚ marching in formation‚ firing volleys of shots at one another. Battles were most of the time decided simply by who could fire off the most rounds. In these battles‚ thousands of casualties
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everyone and thus they are considered to be equally important. Kantian Ethics Kantian Ethics is somehow based on duty. It is based on the view that the only intrinsically good thing is a good will; therefore an action can only be good if its maxim‚ the principle behind it‚ is duty to the moral law. Kant believed that certain types of actions (including murder‚ theft‚ and lying) were absolutely prohibited‚ even in cases where the action would bring about more happiness than the alternative
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