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Solve the equation. Check the result.
External Costs
Costs that are not reflected in the market price of goods or services, often borne by society.
Efficient
Describes a system or process that operates in a way that maximizes productivity or output with minimal waste or expense.
External Cost
A cost that is not borne by the parties involved in an economic transaction, often affecting third parties.
Zoning Restrictions
Legal regulations governing how land within certain areas can be used, intended to separate residential property use from commercial and industrial uses.
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