Examlex
The use of both oral and manual forms of communication is known as the _________approach.
Nonexcludable
describes a good or service that cannot be withheld from individuals who do not pay for it, characteristic of public goods.
Free Riders
Individuals who benefit from resources, goods, or services without paying for them, relying on others to bear the cost.
Private Firm
A business owned by private individuals or groups, not controlled by the government, and operated for profit.
Public Goods
Goods that are non-excludable and non-rivalrous, meaning they are accessible to all and one person's use does not diminish another's.
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