Examlex
All of the following statements are true EXCEPT:
Public Goods
Goods that are non-excludable and non-rivalrous, meaning they can be used by everyone and one person's use does not diminish another's.
Government
The organized assembly or body of individuals leading a structured society, typically a nation.
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.
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