Examlex
Select the term that is spelled correctly and give its meaning.
-a. goiter
b. goyter
a or b: _____ meaning: __________
Costume Jewelry
Fashionable jewelry made from non-precious materials, intended for temporary use with specific outfits rather than as long-term investments.
Marginal Cost
Marginal cost refers to the added expense incurred from producing one more unit of a product or service.
Marginal Benefit
The increase in satisfaction or utility experienced from the consumption or production of one additional unit of a good or service.
Market Failures
Situations where market outcomes are not efficient, often justifying government intervention.
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