Examlex
An acceptable alternative to the Statement of Activities for a private college or university is to present a Statement of Unrestricted Revenues,Expenses and Other Changes in Unrestricted Net Assets and a Statement of Changes in Net Assets.
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.
Pollution
The occurrence or release of harmful or toxic materials into the environment.
External Costs
Costs that are not borne by the parties to a transaction but are imposed on others, such as pollution affecting non-participants.
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