Examlex
What does being "egoless" mean,as it relates to business concerns?
Marginal Social Benefit
The extra advantage to the community that comes from creating or using an additional unit of a product or service.
Pollution
It refers to the introduction of harmful substances or products into the environment, causing adverse effects on living beings and ecosystems.
External Costs
Costs that are not reflected in the market price of goods or services, often borne by society.
Efficient
Describes a system or process that operates in a way that maximizes productivity or output with minimal waste or expense.
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