Examlex
IEPs are used primarily in _________________.
Marginal Social Cost
Marginal social cost is the total cost society bears for the production of an additional unit of a good or service, considering both private costs and any external costs.
Species Extinction
The permanent disappearance of a species from Earth.
Property Rights
Legal rights to possess, use, and dispose of assets, including land, buildings, and intellectual property.
Marginal Cost
The financial increase due to the production of an extra product or service unit.
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