Examlex
Describe how contacts associated with relays, timers, motor starts and the like are represented on a ladder diagram.
Marginal Social Cost
The comprehensive expense to society for creating another unit of a product or service, encompassing both individual costs and any external factors.
Pollution
The occurrence or release of harmful or toxic materials into the environment.
External Costs
Costs that are not borne by the parties to a transaction but are imposed on others, such as pollution affecting non-participants.
Output
The amount of goods or services produced by a company, industry, or economy in a given period.
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