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Utilitarians would object to child labor as a matter of principle.
Pollution Costs
Environmental and financial costs resulting from the harmful effects pollutants have on the natural environment and human health.
Polluting Good
A product or service that when produced or used, negatively impacts the environment by releasing harmful substances.
Optimal Amount
The most favorable level of a certain variable, considering conditions that maximize efficiency or outcomes.
External Benefits
Advantages or positive effects that a transaction or activity provides to people not directly involved in it.
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