Examlex
Regarding the stages of sleep, which of the following statements is FALSE?
Monopolies
Market structures characterized by a single seller facing no competition in offering a unique product or service.
Public Goods
Goods that are non-excludable and non-rivalrous, meaning no one can be prevented from using them and one person's use does not reduce their availability to others.
Collective Benefits
Advantages or positive outcomes that are shared and enjoyed by all members of a group or society, not just by the individual who incurred the cost.
Excludable
A characteristic of a good or service that allows owners or producers to prevent others from using it without permission.
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