Examlex
The definition "'Precedent' is a word derived from the Latin word praecedere meaning to come before" is an example of:
Pollution
The introduction of harmful substances or products into the environment, causing adverse effects on living beings and ecosystems.
Marginal Social Cost
The additional cost to society as a whole of producing one extra unit of a good or service.
Too Little
A situation where the quantity or amount available or supplied is insufficient to meet demand or requirements.
External Cost
Costs of a transaction that affect people other than the buyer or seller, typically not reflected in the market price.
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