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Two Species of Buttercup Are Found in the Same Field

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Two species of buttercup are found in the same field in South Dakota, but they emerge at different times: One species emerges and flowers in early spring, and the other species does not emerge until late summer, after the first species has set seed. This is an example of


Definitions:

Nonrival

A characteristic of a good or service where one person's consumption does not diminish the ability of another to consume it as well.

Excludable

A property of a good or service that allows its owner to prevent others from using it without permission.

Artificially Scarce Good

A good that has its availability limited by design or through artificial means, rather than through natural scarcity.

Cable Television

A system for delivering television programming to consumers via radio frequency signals transmitted through coaxial cables.

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