Examlex
Estimates are that large numbers of children are being co-opted into armies as child soldiers today. What is the most reasonable estimate of numbers of children serving today?
Positive Externality
A benefit received by someone who had nothing to do with the activity that generated the benefit, often leading to an underproduction of the good/service in a free market.
Compensation
The complete sum of financial and non-financial compensation given to a worker by their employer in exchange for the work carried out as needed.
Marginal Seller
A seller who is indifferent about selling at the current market price and might leave the market if prices decrease.
Cost
Cost is the amount of money required to purchase, produce, or maintain something, encompassing both direct expenses and indirect expenditures.
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