_____________ requires that agents balance benefits, risks, and costs to produce the best overall result.

Name: _____________ requires that agents balance benefits, risks, and costs to produce the best overall result.
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Question

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Utility involves balancing benefits, risks, and costs to achieve the best overall outcome, which is a principle often applied in fields such as economics, healthcare, and ethics to make decisions that maximize overall happiness or welfare.

_____________ Requires That Agents Balance Benefits, Risks, and Costs to Produce