Examlex
Asbestos is a material that was once used extensively in construction.One risk from working in a building that contains asbestos is the development of asbestosis,a disease caused by the inhalation of asbestos fibers.Cells will phagocytize asbestos,but are not able to degrade it.As a result,where are asbestos fibers likely to accumulate?
Marginal Abatement Cost
Represents the cost associated with eliminating an additional unit of a negative output, such as pollution.
Emissions Permit
A legal right granted by a government to emit a certain amount of pollutants into the atmosphere; often used in cap and trade programs.
Refundable Deposit
An amount of money given as security for an item that is intended to be returned, with the promise of repayment.
Marginal Private Cost
The change in a firm's total costs that comes from making one additional unit, considering only private costs without externalities.
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