Examlex
How do we make adjustments when a project has inputs and outputs in different currencies?
Marginal Benefit
The increase in utility or enjoyment an individual gets by consuming an additional unit of a good or service.
Marginal Cost
The extra expense associated with creating an additional unit of a product or service.
Streetlights
Outdoor lighting fixtures installed along streets to provide illumination during the night to enhance visibility and safety.
Marginal Social Benefit
The additional benefit to society from consuming or producing one more unit of a good or service.
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