Examlex
Which of the following correctly applies to the term "solution"?
Marginal Social Benefit
The additional benefit to society from consuming one more unit of a good or service.
Nonrival Good
Good for which the marginal cost of its provision to an additional consumer is zero.
Marginal Social Cost
The additional cost to society of producing one extra unit of a good or service, considering both private costs and externalities.
Marginal Private Cost
The additional cost incurred by the producer for producing an extra unit of a good, not considering external effects.
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