Examlex
Employees at a manufacturing plant begin each day by giving each other praise. This is an example of __________.
Rival
A term describing a good or resource that cannot be enjoyed by more than one individual or group without reducing its availability to others.
Private Good
A product or service that is excludable and rival in consumption, meaning its use is limited to paying customers and one individual's use diminishes another's ability to use it.
Cheeseburger
A cooked ground beef patty served between two slices of a bun, often with various toppings such as cheese, lettuce, and tomatoes.
National Defense
The government activities involved in defending a country against foreign threats, including maintaining armed forces and defensive measures.
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