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What does the elastic rebound theory explain?
Volunteer Fire Departments
Firefighting organizations primarily made up of volunteers who provide emergency firefighting and rescue services to their communities.
Provision
The act of supplying or making available goods or services in the market.
Public Goods
Goods that are non-excludable and non-rivalrous, meaning they are available for everyone to consume without reducing the amount available for others.
Marginal Social Benefit
The additional benefit to society from the consumption of an additional unit of a good or service.
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