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Sam, who works for Tech Solutions Corp., has performance issues at work. Lily, Sam's supervisor, is concerned about his work performance and decides to use the nondirective method of counseling. She asks Sam to join her in a meeting in order to discuss and help him solve the problem. In this method of counseling, which of the following would be the right step to take after Lily listens to Sam about his problem?
Marginal Social Benefit
The additional gain to society as a whole from consuming or producing one more unit of a good or service.
Marginal Social Cost
The additional cost imposed on society as a whole by producing one extra unit of a good or service.
Nonrival
A good or service that can be consumed by one individual without preventing the consumption of the good by another individual.
Nonexcludable
A characteristic of a public good, indicating that it is not feasible to prevent non-paying customers from consuming the good.
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