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The graph shown displays a market with an externality. This is a _______ externality, and the optimal quantity is _______ units.
Social Mobility
The movement of individuals or groups within or between social strata in a society.
Fluid Societies
Societies characterized by flexibility and adaptability in their social structures, allowing for greater mobility and change among their members.
Inequality
The unequal distribution of resources, opportunities, and privileges among individuals or groups, often based on characteristics like wealth, income, race, education, and gender.
Intergenerational Mobility
Is social mobility that occurs between generations.
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