Examlex
Gross investment minus depreciation equals
Total Individual Benefit
The total benefit that an individual derives from consuming a certain amount of goods or services, usually reflected in the willingness to pay for those goods or services.
Social Benefit
The total advantage to society from an action or policy, including both private benefits and externalities.
Public Good
A product that is non-excludable and non-rivalrous, which means it can be used by many people simultaneously without depleting its availability.
Consumption
The act of using goods and services for personal needs or satisfaction, often analyzed in economics to understand spending patterns and behaviors.
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