Examlex
The intensity of a 80-dB whistle is quadrupled. What is the new decibel level?
Positive Externality
A beneficial effect experienced by a third party due to an economic transaction that they were not directly involved in.
Property Tax
A levy on property that the owner is required to pay, usually based on the value of the property.
Beekeepers
Individuals who maintain bee colonies, commonly in hives, primarily for collecting honey and other products produced by bees such as bee's wax, propolis, and royal jelly.
Private Solution
A resolution to an economic issue that relies on private transactions without government intervention.
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