Examlex
Which of the following are examples of private equity firms?
Marginal Social Cost
The additional cost imposed on society due to the production or consumption of one more unit of a good or service.
Competitive Market
A market structure characterized by a large number of buyers and sellers, free entry and exit, and a product that is homogenous across suppliers, leading to price competition and efficiency.
External Benefits
Benefits from a transaction or activity that accrue to others not directly involved in the transaction or activity.
External Costs
Costs generated by production or consumption activities that are not borne by the producer or consumer but by a third party or society at large.
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