Examlex
Which of the following would generally not affect a make-or-buy decision?
Total Cost
The complete cost of production, including both fixed and variable costs, incurred by a business in the production of goods or services.
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.
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