Examlex
Flextime allows two employees to share a single full-time job and split the salary and benefits.
Marginal Social Cost
The total cost to society of producing one additional unit of a good, including both private costs and externalities.
Pollution
The presence in or introduction into the environment of substances or things that have harmful or poisonous effects.
Marginal Social Benefit
The supplementary gain for the general population derived from the consumption of one more unit of a good or service.
Marginal Social Cost
The comprehensive expense to society for creating another unit of a product or service, encompassing both individual costs and any external factors.
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