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A very common approach to making decisions about projects that affect many people is to add up all the costs and benefits and proceed with
A very common approach to making decisions about projects that affect many people is to add up all the costs and benefits and proceed with the project if the benefits exceed the costs. This approach is often called costbenefit analysis and it has been described in our text also as an 'aggregative and maximizing approach'. What exactly does it mean within this approach to say that it grants to everyone 'equality in moral standing'? Does that mean the approach is fully equitable? Why or why not?
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