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____ are organizational-based social systems.
External Costs
Costs incurred as a result of an economic activity that are not borne by the entities undertaking the activity but rather by other parties or society at large.
Marginal Cost
The rise in expense associated with the production of an extra unit of a product or service.
Benefits To Consumers
Refers to the advantages or improvements in well-being and satisfaction that consumers experience from purchasing and using goods and services.
Externalities
Monetary consequences that reach beyond the primary parties, impacting others positively or negatively.
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