Examlex
When should you use relative cell references?
Public Goods
Goods or services that are available for everyone to consume, irrespective of who pays for them, characterized by their non-excludability and non-rivalry.
Private Marketplace
A trading environment usually reserved for qualified participants, where transactions are not open to the public or general market participants.
Public Good
Goods or services that are available for all to consume, regardless of who pays for them, characterized by their non-excludability and non-rivalry in consumption.
National Defense
Public goods provided by the government to protect its citizens and territory from external threats.
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