Examlex
What is meant by the term 'internalising an externality'? How does a Pigovian tax or subsidy internalise an externality?
Descartes
René Descartes was a French philosopher, mathematician, and scientist who is considered one of the key figures in the development of modern philosophy.
Galen
An ancient Greek physician and philosopher whose work in the field of medicine influenced the development of various medical theories for centuries.
Conformity
The process of aligning one's behaviors, beliefs, and attitudes with the norms or standards of a society or group.
Physiological
pertains to the functions and processes that occur within living organisms to sustain life, including biochemical and physical activities.
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