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Consumer Tastes
The preferences and inclinations of consumers which influence their buying behavior and choice of products.
Pollution Abatement
Measures or actions taken to reduce, control, or eliminate pollution from various sources in order to protect the environment.
Marginal Benefit
The heightened enjoyment or usefulness one receives by using an additional unit of any good or service.
Law of Diminishing Returns
A principle stating that as one factor of production is increased while others are held constant, the resulting addition to output will eventually decrease.
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