Examlex
Why is HDL cholesterol considered to be ʺgoodʺ cholesterol?
Nonpayers
Individuals who benefit from goods or services without directly contributing to the cost, often associated with public goods.
Nonexcludability
is a characteristic of public goods where it is impossible to prevent individuals from enjoying the benefits of a good or service, regardless of whether they have paid for it.
Free-riding
The act of benefiting from the efforts, costs, or contributions of others without making a fair contribution oneself, often seen in public goods scenarios.
Public Good
A public good is a commodity or service that is made available to all members of a society, typically by the government, without directly charging consumers for its consumption. These goods are characterized by their non-excludability and non-rivalrous nature.
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