Examlex
If Freud is correct, sexual urges are LEAST important while a child is in which stage?
Inefficient Allocation
A situation where resources are not used in the best possible way, often leading to waste or unmet needs.
Negative Externality
An undesirable outcome of an economic activity that affects third parties who did not choose to incur that cost or benefit.
Air Pollution
The presence of substances in the atmosphere that are harmful to human health, the environment or cause climate change.
Public Good
Goods that are non-excludable and non-rivalrous, meaning they can be used by many without diminishing the supply.
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