Examlex
A pollster uses a computer to generate 500 random numbers and then interviews the voters corresponding to those numbers. Identify the type of sampling used in this example.
Exclusive Good
A product or service that is available only to certain people or groups, often due to high price or scarcity.
Public Good
A good or service offered to every member of a society for free, either by public authorities or by a private organization or person, without seeking profit.
Optimal Area
The most advantageous or efficient region or point for a specific activity or condition.
Public Good
A non-excludable and non-rivalrous good that can be consumed by everyone, such as national defense or public parks.
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