Examlex
Deficits in social skills can lead to all of the following except:
Marginal External Cost
Increase in cost imposed externally as one or more firms increase output by one unit.
Socially Optimal Output
The level of production or output that is most beneficial for society as a whole, considering both production costs and externalities.
Market Price
Price prevailing in a competitive market.
Dynamic Inefficiencies
Inefficiencies that occur over time due to factors such as technological changes, market adjustments, or policy shifts, affecting long-term economic performance.
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