Public goods/Definition: Difference between revisions

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A product or service  that can benefit one person without diminishing its benefit to others, and from the use of which it is not possible to exclude anyone.
Products and services that can only be collectively financed because it is not feasible to require individual users to pay for using them.

Latest revision as of 04:36, 28 October 2009

This article is developed but not approved.
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A definition or brief description of Public goods.

Products and services that can only be collectively financed because it is not feasible to require individual users to pay for using them.