Examlex
What is evaluated by measuring changes in profits, customer satisfaction, and operating costs?
Marginal Social Benefit
The additional benefit to society from the production or consumption of one more unit of a good or service.
Environmental Standard
Regulations and criteria set by governments or international bodies to protect the environment and limit pollution.
Quantity of Pollution
This term refers to the amount or volume of pollutants released into the environment, typically measured in terms of mass per unit time.
Marginal Social Cost
The additional cost imposed on society due to the production or consumption of one more unit of a good or service.
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