Examlex
The possession of land without right is a tenancy at will.
External Benefit
A positive effect experienced by a third party due to an economic transaction they were not directly involved in.
Copper Mining
The process of extracting copper from the Earth, which is a crucial resource for electrical wiring, plumbing, and various alloys.
Water Users
Individuals or groups that utilize water resources for purposes such as agriculture, industry, or domestic use.
Marginal Social Benefit
The incremental value for society resulting from the creation of an additional unit of a good or service.
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