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BAR GRAPH OF DEMOGRAPHIC DATA FOR INDIA AND CHINA
-According to the graph,is it true that high adult illiteracy is related to greater infant mortality?
Marginal Benefit
The enhanced pleasure or utility that comes from consuming an extra unit of a product or service.
Marginal Cost
The cost incurred by producing one additional unit of a product or service, crucial for decision-making in production levels.
Optimal Amount
The ideal quantity of a resource or good that achieves the best outcome or utility.
Positive Externalities
Benefits that result from a commercial activity or action but affect uninvolved third parties who did not choose to be involved in the transaction.
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