Examlex
The _____________ is the division of geologic time that ended 541 million years ago.
Negative Externalities
Costs suffered by a third party as a result of an economic transaction, which are not reflected in the transaction's market price.
Equilibrium Price
The price in the market where the amount of products available matches the amount of products wanted by consumers.
Deforestation
The clearing or thinning of forests by humans to make the land available for other uses, such as agriculture, logging, or mining, often leading to environmental concerns.
Moral Hazard
The risk that a party insulated from risk may behave differently than if they were fully exposed to the risk.
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