Examlex
The proper noun "Kleenex" is protected
Market Price
The market price at which you can currently buy or sell a service or asset.
Efficient Equilibrium
A state in an economy where every resource is optimally allocated to serve each individual or entity in the best way while minimizing waste and inefficiency.
External Benefits
Benefits resulting from a transaction that affect parties not directly involved in the transaction, often leading to positive outcomes for society.
External Costs
Costs of a transaction or activity that affect third parties who did not choose to incur that cost, often seen in environmental pollution.
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