Examlex
Which of the following statements is not true?
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.
Abatement Cost
The cost associated with reducing or eliminating negative environmental impacts, such as pollution.
Transferable Permits
Transferable permits are regulatory instruments that allow the holder to emit a certain amount of pollution or use a certain amount of a resource; they can be bought and sold, creating a market for these permits.
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