Terms : Hide Images
| 192314465 | commons | Land (or another resource) that belongs to the public, not to individuals with public access for private uses; resources shared by a group - not privately owned. | |
| 192314466 | direct costs | Costs incurred by the producer and passed directly on to the user or purchaser. | |
| 192314467 | environment economics | Economic effects of the environment and how economic processes affect that environment, including its living resources. | |
| 192314468 | externality | An indirect cost. | |
| 192314469 | indirect costs | In economics, an effect not normally accounted for in the cost-revenue analysis; an economic side effect of a good or service that generates benefits or costs to someone other than the person deciding how much to produce or consume. | |
| 192314470 | marginal costs | In environmental economics, the cost to reduce one additional unit of a type of degradation, for example, pollution; the additional or extra cost associated with an action or with additional production. | |
| 192314471 | policy instruments | The means to implement a society's policies. Includes moral suasion; direct controls, including regulations; and market processes affecting the price of goods and processes, such as subsidies, licenses, and deposits. | |
| 192314472 | risk-benefit analysis | In environmental economics, the riskiness of the future that influences the value we place on things in the present. |
