Examlex
The most common rock forming minerals are composed of predominantly eight elements.These minerals are the
Oil Refinement
The process of transforming crude oil into useful products like gasoline, diesel, and jet fuel through various physical and chemical treatments.
Pollution Fee
A financial charge applied to entities that emit pollutants, intended to discourage environmental pollution by making it economically costly.
Marginal External Cost
The cost imposed on a third party by the production of an additional unit of a good or service.
Production Efficiency
A level of output where a company cannot produce more of one good without reducing the output of another good, utilizing resources optimally.
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