Examlex
_____ flow time is composed of the sum of the complete-to-ship times for each job in the group.
Internalize
The process of incorporating the cost of externalities into the decision-making process of firms or individuals.
Marginal Social Cost
Marginal social cost is the total cost to society of producing an additional unit of a good, including both private costs and any external costs.
External Costs
Costs incurred as a result of an economic activity that are not borne by the entities undertaking the activity but rather by other parties or society at large.
Marginal Cost
The rise in expense associated with the production of an extra unit of a product or service.
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