Examlex
A corporation must incorporate in every state in which it does business.
Price
The amount of money required to purchase a good or service.
Positive Externality
A benefit that is enjoyed by a third-party as a result of an economic transaction, without them necessarily being involved in the transaction.
Marginal Social Benefit
Sum of the marginal private benefit plus the marginal external benefit.
Demand Curve
A graph showing the relationship between the price of a good and the quantity demanded.
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