Examlex
The way in which a position and the tasks within that position are organized is called:
Marginal Social Benefits
The additional benefits to society as a whole from producing one more unit of a good or service.
Socially Optimal Level
The level of output or activity where the benefits to society are maximized, taking into account both private and external costs and benefits.
Marginal Private Benefits
The additional satisfaction or utility gained by a consumer or firm from consuming or producing one more unit of a good.
Positive Externalities
Benefits that are enjoyed by a third-party or the society at large, as a result of an economic transaction.
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