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Blood doping, practiced by many athletes involved in the Tour de France as well as other sports, involves the illegal use of drugs to
Efficient Level
The point at which a system or process achieves its maximum productivity with the least wasted effort or expense.
Efficient Amount
The quantity of a good or service that achieves the optimal balance between benefits and costs, maximizing societal welfare.
Marginal Social Cost
The additional cost imposed on society as a whole by producing one more unit of a good or service.
External Costs
External costs are expenses that are not borne by the individuals or organizations responsible but rather by society as a whole, often involving negative environmental impacts.
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