Examlex
A common carrier is liable for all delays in the delivery of goods.
Excise Taxes
Taxes charged on the sale of specific goods and services, such as alcohol and tobacco, often used as a tool for discouraging their consumption.
Sales Taxes
Taxes levied on the sale of goods and services, normally calculated as a percentage of their price.
Marginal Social Benefit
The additional benefit to society as a whole from an increase in the consumption or production of one more unit of a good or service.
Pollution
The introduction of contaminants into the natural environment that cause adverse change, often impacting air, water, and soil quality.
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