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Use the figure below to answer the following question. Figure 1A.3.8
-The slope of the line in Figure 1A.3.8 is
Pigouvian Subsidy
A financial incentive given by a government to encourage activities that have positive externalities or beneficial effects on society that are not fully compensated in the market.
Marginal Social Benefit
The supplementary benefit to the community achieved by consuming or producing an extra unit of a good or service.
Computer Chips
Small electronic components that perform various computing functions within digital devices.
Technology Spillover
It refers to the situation where innovations and improvements made by one company or country benefit others beyond the original inventor or innovator.
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