-As shown in the accompanying figure,the top portion of the newsletter that spans across all the columns in the newsletter is called the _________________________.
Definitions:
Efficient Price
A price level where the quantity supplied equals the quantity demanded, leading to an optimal allocation of resources.
Nonrival
A characteristic of goods where one person's consumption does not reduce the availability of the good for consumption by others.
Nonexcludable
A characteristic of a good or service where it is impossible to prevent individuals from enjoying its benefits once it is provided.
Marginal Social Cost
The additional cost to society as a whole from producing one extra unit of a good or service, including both private costs and externalities.
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