Examlex
A positive externality occurs when one person's activity makes another person better off.
Emotional Support
Assistance provided through empathy, understanding, and care to help someone manage their emotions.
Investing In Children
The allocation of resources towards the well-being, education, and development of children, with the belief that such investments yield long-term societal benefits.
Emotional Support
Assistance provided through empathy, concern, and encouragement to help individuals cope with emotional distress or difficulties.
Socialization
The lifelong process of inheriting and disseminating norms, customs, and ideologies, providing an individual with the skills necessary for participating within their own society.
Q48: The total amount of saving in an
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Q144: Marginal social cost minus marginal external cost
Q158: The cost of buying or selling in
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Q181: When a positive externality exists, the equilibrium