Examlex
Drinking in the last trimester of pregnancy has been found to have no ill effects for the developing fetus.
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.
Nonexcludable
Describes a good or service for which it is not possible to prevent people who have not paid from consuming or using it, such as public parks or street lighting.
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