Examlex
A structure formed from the combination of cyanobacterial microbes and sediments is called:
External Cost
Costs of a transaction that affect people who are not part of the transaction.
Private Value
The estimate of worth that an individual or company assigns to an asset, good, or service, reflecting personal assessments rather than market-driven prices.
Social Cost
The total cost to society, including both private and external costs, of producing a good or service.
Private Cost
The costs directly incurred by individuals or companies involved in conducting an economic activity, excluding any external effects on others.
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