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Differentiate between private and public Internet protocol (IP) addresses. Explain the benefits of the private/public IP address scheme.
Optimal Tax
A tax system designed to achieve the best balance between efficiency and equity.
Marginal Social Benefit
The supplementary gain for society derived from the consumption of one extra unit of a good or service.
Marginal Social Cost
The cost to society of producing an additional unit of a good or service, including both private costs and any externalities.
Marginal Social Benefit
The additional gain to society as a whole from an additional unit of a good or service.
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