Examlex
Classify as true or false, assuming that a, b, c, and d are whole numbers an
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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.
Computer Chips
Small pieces of semiconductor material (usually silicon) with an integrated circuit (IC) used in electronic devices to perform computing tasks and other functions.
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