Examlex
Post-partum depression appears to be a predominantly Western phenomenon.
Marginal External Cost
The cost of producing one additional unit of a good or service that is borne by people other than the producer, often not reflected in the product's market price.
Socially Optimal
A state or outcome in which resource allocation maximizes social welfare, considering all costs and benefits to society.
Market Price
The current price at which an asset or service can be bought or sold, determined by supply and demand.
Emissions Standard
Legal limit on the amount of pollutants that a firm can emit.
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