Examlex
Amara, who is 13 weeks pregnant, has just learned that she is HIV positive. Amara should:
Marginal Private Benefit
The additional benefit received by the consumer or producer from consuming or producing one more unit of a good or service.
Marginal Social Cost
The additional cost imposed on society as a whole from producing one more unit of a good or service.
Socially Optimal
is a condition or outcome in which the allocation of resources maximizes the overall benefit to society.
Nonexcludable
A characteristic of a good whereby it is difficult or impossible to prevent people who have not paid for it from consuming or using it.
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