Examlex
Which of the following statements is CORRECT?
Socially Optimal
A condition in which resources are allocated in the most efficient way from the perspective of society as a whole.
Positive Externality
A beneficial effect experienced by a third-party or the society at large, as a result of an economic activity, that isn't reflected in the cost.
Garden
A planned space, usually outdoors, set aside for the display, cultivation, and enjoyment of plants and other forms of nature.
Pizza Delivered
A service where a pizza is prepared, baked, and brought to the customer's location by a restaurant or pizzeria.
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