Examlex
Due to microbial heterotrophic activity, even well mixed aquatic systems can have depleted oxygen content when high organic inputs occur.
Marginal Cost
An additional cost incurred for producing one more unit of a product.
Marginal Social Benefit
The additional benefit to society from consuming one more unit of a good.
Marginal Cost
The financial outlay required to produce an additional product unit.
Socially Optimal
The socially optimal point is where the societal benefits of consuming a good or service equal the societal costs of producing it, leading to an efficient allocation of resources.
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