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What is a primary key?
Zoning Ordinance
Legislation that divides an area into zones to specify allowable land uses and regulate building standards, to shape urban growth and land use.
Socially Optimal
A situation in which resources are allocated in the most efficient manner from the perspective of society as a whole.
Subsidize
Financial support extended by a government or organization to lower the production costs or price of goods and services, making them more accessible to the public.
Negative Externalities
Costs suffered by a third party as a result of an economic transaction, which are not reflected in the transaction's price.
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