Examlex
The second version of the categorical imperative emphasizes which of the following?
Market
An arrangement or venue where parties engage in exchange of goods and services.
Positive Externality
A benefit that is enjoyed by a third-party as a result of an economic transaction or activity in which they did not directly participate.
Marginal Social Benefit
The additional benefit to society from consuming one more unit of a good or service.
Marginal Private Cost
The cost incurred by a firm for producing one additional unit of a good, exclusive of any external costs.
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