Awor
May 9
State two assumption of the principal of maximum social advantages?
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ChatGPT
May 9
1. Individuals act rationally and in their own self-interest, seeking to maximize their own utility or well-being.
2. Society as a whole benefits when individuals pursue their own self-interest, as this leads to the most efficient allocation of resources and the greatest overall social welfare.
2. Society as a whole benefits when individuals pursue their own self-interest, as this leads to the most efficient allocation of resources and the greatest overall social welfare.
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Google Gemini AI
May 9
1. Benefits to Society: The principle assumes that the actions and decisions made will ultimately benefit society as a whole.
2. Equality of Opportunity: It assumes that each individual has equal opportunity to access resources and participate in activities that contribute to the social good.
2. Equality of Opportunity: It assumes that each individual has equal opportunity to access resources and participate in activities that contribute to the social good.
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