Examlex
What does prorating the cost of a resource mean?
Marginal Social Cost
The additional cost imposed on society as a whole by producing one more unit of a good or service.
Marginal Benefit Curve
A visual chart illustrating the variation in consumer advantage as the amount of a product or service rises.
Private Market
A part of the financial market in which financial instruments and assets are traded that are not available on the public stock exchanges.
Marginal Social Benefit
The additional benefit received by society from the production or consumption of one more unit of a good or service.
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