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Which of the following statements is TRUE?
Common Resource
A resource like air or water that is not owned by anyone, is available for everyone to use, and is rivalrous but non-excludable.
Pennsylvania Turnpike
A toll highway in Pennsylvania, significant for its role in transportation infrastructure in the United States.
Free Rider
A person who enjoys the advantages of goods, services, or resources without bearing the expenses associated with them.
Public Good
A product or service that is made available to all members of a society, characterized by being non-excludable and non-rivalrous in consumption.
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