Examlex
Find the (A)mean (B)median, and (C)mode:
9, 20, 15, 9, 17, 28, 26
Public Good
A good that is non-excludable and non-rivalrous, meaning it can be consumed by anyone without reducing its availability to others.
Marginal Revenue
The additional revenue generated from selling one more unit of a good or service.
Externalities
Economic side effects or consequences that affect uninvolved third parties; can be either positive or negative.
Externality
Actions of one party impose costs or benefits on a second party.
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