Examlex
Inflammation of what tissue helps differentiate encephalitis from meningitis?
Marginal Private Benefits
The additional benefit received by consumers from consuming one more unit of a good or service.
Marginal Social Cost
The total cost to society of producing one additional unit of a good or service.
Public Good
A product or service that is available for all to consume, regardless of who pays and who doesn't, characterized by non-excludability and non-rivalry.
Free-ride
The act of benefiting from resources, goods, or services without paying for the cost of the benefit.
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