Examlex
The maintenance and evolution phase of the DBLC involves ____.
Negative Externalities
Costs suffered by a third party due to an economic transaction they were not involved in.
Public Goods
Goods that are non-excludable and non-rivalrous, meaning individuals cannot be effectively excluded from use and where use by one individual does not reduce availability to others.
Marginal Social Benefit
The additional benefit to society from consuming one more unit of a good or service, considering both private and external benefits.
Marginal Social Cost
The additional cost to society as a whole for producing one more unit of a good or service.
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