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____ View allows you to see the speaker's notes in large readable type.
Consumer Surplus
The divergence between what consumers are able and willing to shell out for a product or service and the actual cost they incur.
Marginal Benefit
The uplift in satisfaction or value derived from the consumption of an additional unit of a product or service.
Marginal Cost
An additional expense incurred from the production or acquisition of one more unit of a good or service.
Efficiency
The ability of a system or process to achieve a goal using the least amount of resources possible.
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