Examlex
Which one of the following statements is correct for displaying the value in the third row and the fourth column of a two-dimensional 5 by 6 array?
Public Park
A space, whether natural, partially natural, or man-made, dedicated to recreational activities for humans or the conservation of wildlife and natural ecosystems.
Optimum
The most favorable condition or level for growth, reproduction, or success.
Socially Optimal
The point at which the benefits to society of an action, policy, or project, are maximized, taking into account all costs and benefits.
MSB and MSC
Marginal Social Benefit (MSB) and Marginal Social Cost (MSC) refer to the additional benefit or cost to society of producing one more unit of a good or service.
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