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"Brains," "jocks," "populars," and "burnouts" are typical examples of teenage
Public Goods
Goods that are non-excludable and non-rivalrous, meaning they are available to all without depletion from use by others.
Rivalry
Competition between businesses or individuals for market share, resources, or achievements.
Excludability
Excludability is a property of a good or service that allows its owner to prevent others from using it without permission, which is important for classifying goods in economic terms.
Public Good
Services or commodities made available to every person in a society free of cost, courtesy of either the government or non-governmental organizations, devoid of profit objectives.
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