Examlex
Name one major error some writers of a literature review make.
Marginal Cost
The outlay involved in the creation of an additional unit of a good or service.
Pareto Efficient
An economic state where resources are allocated in a way that it is impossible to make any one individual better off without making at least one individual worse off.
Efficiency
A measure of how well resources are used to achieve a goal, maximizing output from given inputs without waste.
Equity
The concept of fairness or justice, often discussed in the distribution of wealth, or the ownership interest in a firm.
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