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When production of a good results in an external cost, the unregulated competitive market equilibrium is inefficient because
Drugs
Substances used for medical treatment, especially illegal or controlled substances consumed for their mood-altering effects.
Gambling
The act of wagering money or something of value on an event with an uncertain outcome with the intent of winning additional resources.
Big Five Personality
is a model that outlines five broad dimensions of human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.
Major Depressive Disorder
A mental disorder characterized by a persistent and pervasive low mood accompanied by low self-esteem and loss of interest or pleasure in normally enjoyable activities.
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