Examlex
A fixture will be subject to the ad valorem tax on realty rather than the ad valorem tax on personality.
Marginal Damage Cost
The additional cost incurred from producing one more unit of a good or service, which often relates to the negative externalities or damages caused by the increase in production.
Marginal Cost
The increase in total production cost that results from making one additional unit of a product.
Tradeable Pollution Permits
Tradable Pollution Permits are a market-based approach to controlling pollution by providing economic incentives for achieving reductions in the emissions of pollutants.
Government-Involved
Describes situations or sectors where the government plays a significant role in regulation, ownership, or provision of services.
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