Examlex
What is the name of a stew made from pig hearts and liver, then served with beans or potatoes in Portugal?
Marginal Social Benefits
The extra advantage to the entire community from using an additional unit of a product or service.
Public Goods
Goods that are non-excludable and non-rivalrous, meaning their use by one individual does not reduce availability to others.
Marginal Social Cost
The total cost to society of producing an additional unit of a good or service, taking into account both private costs and any externalities.
Private Marginal Cost
The cost incurred by a firm or individual for producing one additional unit of a good or service, not including external costs.
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