Examlex
During erection, the penile muscles are in a state of tension.
Market Price
The current market value at which an asset or service is up for sale or purchase.
External Benefits
Positive effects experienced by those not directly involved in an economic transaction.
Efficient Equilibrium
A state in which resources are allocated in the most efficient manner, leaving no potential for reallocating resources to make someone better off without making someone else worse off.
Government
A system or group of people governing an organized community, often a state, and set policies, laws, and regulations.
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