Examlex
If there are external costs of production and perfectly competitive firms do not account for these costs, at the equilibrium level of output
Investigate
To carry out a systematic or formal inquiry to discover and examine the facts of an issue or case, with the aim of establishing the truth.
Noncomparable
A noncomparable item or situation is one that cannot be fairly compared to another due to distinctive differences.
Data Sets
Collections of related sets of information that are composed of separate elements but can be manipulated as a unit by a computer.
Objective Quality
Objective quality relates to measurable or quantifiable aspects of something, based on impartial criteria or standards rather than personal opinions.
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