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A 1-kg ball dropped from a height of 2 m rebounds only 1.5 m after hitting the ground. The amount of energy converted to heat is about
Marginal Social Benefit
The additional benefit to society from consuming one more unit of a good or service.
Marginal Private Cost
The cost incurred by a firm for producing one additional unit of a good, exclusive of any external costs.
Technology Spillovers
Benefits that firms or countries obtain by imitating or learning from the innovations of others, often without incurring the cost of innovation.
Subsidies
Financial assistance grants or tax breaks provided by the government to support businesses, organizations, or individuals, encouraging production or consumption of certain goods and services.
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