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Observations with college students have shown that complete rest is best for triggering creative thinking because less blood flows to the brain.
True Cost
Encompasses all the economic, environmental, and social costs associated with the production and consumption of a good or service.
Resource
Raw materials, labor, capital, and other inputs used in the production of goods and services.
External Benefits
Benefits of a good or service that are not captured by the market price and are received by third parties.
Competitive Market
A market structure characterized by many buyers and sellers, free entry and exit, and products that are similar but differentiated.
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