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What are the three factors that influence viscosity of a lava?
Socially Optimal
A state in which resources are allocated in the most efficient and equitable manner from a societal perspective.
Network Externality
A situation where the value or utility of a product or service to one user increases with the number of other users of the same or compatible products or services.
Marginal Private Benefits
The additional benefit received by consumers or producers from consuming or producing one more unit of a good or service.
Negative Externalities
Unintended adverse effects on third parties not involved in an economic transaction, like pollution.
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