Public goods/Definition

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Revision as of 16:20, 23 May 2008 by imported>John Dvorak (Template:Def Public good moved to Public good/Definition: Moving_definition)
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A definition or brief description of Public goods.

A commodity that can yield utility to a person without diminishing the its utility to anyone else, and from the use of which it is not possible to exclude anyone (see also microeconomics: public goods).