Examlex
What did the Thirteenth,Fourteenth,and Fifteenth Amendments to the U.S.Constitution do? How successful was each in practice?
Marginal Social Benefit
The additional benefit to society as a whole from the consumption of one more unit of a good or service.
Marginal Social Cost
The additional cost incurred by society as a whole due to producing one more unit of a good or service.
Pollution
The contamination of the natural environment, leading to adverse effects on ecosystems and human health.
Marginal Social Cost
The extra expense society incurs from the production of an additional unit of a good or service.
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