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  4. Public goods

13.3 Public goods  (Page 18/18)

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  • Card 18 / 18:
    public good

    good that is nonexcludable and nonrivalrous, and thus is difficult for market producers to sell to individual consumers

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Practice FlashCards 10 Key Terms 4

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Source:  OpenStax, Principles of microeconomics for ap® courses. OpenStax CNX. Aug 24, 2015 Download for free at http://legacy.cnx.org/content/col11858/1.4
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