Examlex
According to the Ethics Competency: Time off for bad behavior,Samuel Waksal,former CEO of the biotech firm ImClone,was serving time in a federal prison for ____.
Equilibrium Quantity
The quantity of goods or services supplied is equal to the quantity demanded at the market price.
Socially Optimal
A state or outcome that maximizes the overall welfare or benefit to society, often considered in economics and game theory to balance individual and collective interests.
Gasoline
A volatile, flammable liquid derived from petroleum, used primarily as fuel in spark-ignited internal combustion engines.
Negative Externality
A cost that is suffered by a third party due to an economic transaction or activity.
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