Examlex
Which "message card" would be most effective in influencing hotel guests to reuse their bathroom towels?
Marginal Benefit
The supplementary enjoyment or advantage derived from consuming an extra unit of a good or service.
Marginal Cost
The amount of money needed to manufacture an extra unit of a good or service.
Diagram
A simplified drawing or plan that represents the essential features of something, often used for explanation or clarification.
Coase Theorem
A principle that asserts if trade in an externality is possible and there are no transaction costs, parties can negotiate to solve the problem privately.
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