Examlex
Is the plot of Julius Caesar accurate according to the historical account? Explain why or why not.
External Cost
Uncompensated costs that individuals or firms impose on others outside of market transactions, often associated with pollution.
Pollution Tax
A financial charge imposed on the emission of pollutants, intended to motivate reductions in harmful environmental discharges.
Unit of Production
A single complete item or a specified amount of a commodity produced.
Positive Externality
An economic situation where a third party benefits from a transaction or activity they are not directly involved in.
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