2.1 A public good is both nonrival in consumption (one persons usage of it does not diminish...

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2.1 A public good is both nonrival in consumption

(one person’s usage of it does not diminish another’s ability to use it) and nonexclusive (no one can be excluded from using it).

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Survey Of ECON

ISBN: 9780538478090

1st Edition

Authors: Robert L. Sexton

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Question Posted: Oct 25, 2024 07:00 AM

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2.1 A public good is both nonrival in consumption (one persons usage of it does not diminish...

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Survey Of ECON

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