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social cost (DO)<br />The OPPORTUN ITY COST to society of the resources it uses. This is equal to all the costs incurred by a society in producing a good or service. In most cases of production there is a divergence between private and social costs.<br /><em>See also:</em> private cost <br /><em>Reference</em><br />Pearce, D.W (ed.) (1978) The Valuation of Social Cost, London: Allen & Unwin.
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<strong>National credit bureau</strong> – A credit reporting agency with a service area encompassing more than a single region of the country. Examples of national credit bureaus include TransUnion and Equifax.
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cost gradient (M2)<br />The increase in costs resulting from an enterprise being less than optimum size.
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