Examlex
What are the four important tactical tasks for a negotiator in a distributive bargaining situation?
Pollution Fee
A charge imposed on entities that emit pollutants, aimed at reducing environmental damage by incorporating the cost of pollution into the emitter's financial calculations.
Marginal External Cost
The cost of producing one additional unit of a good or service that is borne by society but is not considered by the produce.
Marginal Social Cost
The total cost to society of producing an additional unit of a good or service, including both the private costs and any external costs.
Oil Refinement
The industrial process of transforming crude oil into usable products including fuels, lubricants, and petrochemicals.
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