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What did Watson use to explain human behavior?
Pollution Permits
Legal authorizations allowing entities to emit a specific amount of pollutants into the environment, used to regulate and reduce overall pollution levels.
Marginal Social Benefit
The additional benefit gained by society from the production or consumption of one more unit of a good or service.
Marginal Social Cost
The cost society bears for production of an additional unit of a good or service, including both private costs and any externalities.
Pollution Reduction
The process or activities aimed at decreasing the amount of pollutants released into the environment, including air, water, and soil.
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