Explain the Difference Between Marginal Social Benefit and Marginal External

question 269

Essay

Explain the difference between marginal social benefit and marginal external benefit.

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Definitions:

Emotionally Expressive

The ability or tendency to readily communicate emotions, including feelings of happiness, sadness, anger, or love.

Socioeconomic Issues

Problems or concerns that arise from the combination of social and economic factors, impacting individuals and communities.

Sexism

Prejudice, stereotyping, or discrimination, typically against women, on the basis of sex.

Gang Involvement

Participation or association with organized groups often involved in criminal activities.