Examlex
Use the periodic table to predict the most stable oxidation state for the following element: Na
Marginal Social Benefit
The additional benefit that society receives from the consumption of an additional unit of a good or service.
Marginal Social Cost
The total cost to society of producing one additional unit of a good or service, considering both the costs borne by the producer and any costs or benefits to third parties (externalities).
Public Good
A product or assistance made available to all societal members without financial gain, provided by either state bodies or voluntary private groups or individuals.
Nonrival
A characteristic of a good whereby one person's consumption does not reduce its availability to others.
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