Examlex
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Extra Benefit
The additional advantage or utility gained from consuming one more unit of a good or service.
Specific Product
A distinct good or service that is identifiable and distinct from others due to unique characteristics or features.
Increasing Marginal Opportunity Costs
The principle that as production of a good expands, the opportunity cost of producing an additional unit rises.
Discrimination
The practice of according individuals or groups inferior treatment in hiring, occupational access, education and training, promotion, wage rates, or working conditions even though they have the same abilities, education, skills, and work experience as other workers.
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