Examlex
The number of emotions children experience increases with age.
Pollution Rights
Permits or allowances that grant entities the right to emit a certain amount of pollutants into the environment.
External Benefit
A positive effect experienced by a third party who did not choose to incur that benefit, often associated with public goods or services.
Social Value
The importance or benefits a project, policy, or action brings to the community or society at large, beyond just economic gains.
Private Cost
The cost incurred by an individual or company in producing goods or services, excluding externalities.
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