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If the cost of the negative pollution externality was added to the marginal cost of production,the true cost curve would be
Eugenics
A controversial and largely discredited science aimed at improving the genetic quality of the human population, often associated with discriminatory and unethical practices.
Distributive Justice
The ethical principle concerned with the fair and equitable allocation of goods, resources, and rights among members of a society.
Scarce Supply
A situation where the availability of a particular resource or commodity is limited or not sufficient to meet demand.
Allocate Resources
The process of assigning available resources, typically in an organization, to specific tasks or projects to achieve efficiency and goals.
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