Examlex
12 full crates of walnuts weigh 414 pounds, whereas an empty crate weighs 7 pounds. How much do the walnuts alone weigh?
Social Costs
The total cost to society, including both the private costs borne by producers and also any external costs to others not involved in the transaction.
Social Benefits
The aggregate advantage to society derived from the production or consumption of a product, encompassing both individual benefits and any additional external advantages.
Pay-per-view Movies
A service that allows consumers to pay for individual movies to watch rather than subscribing to a broad service offering.
Common Resource
A resource like air or water that is available to all but can be depleted by overuse.
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