Examlex
The Opéra petit four is a
Artificially Excludable
Describes goods or services from which individuals can be prevented from using unless they comply with certain conditions, despite there being no natural reason for exclusion.
License Fee
A charge paid for obtaining legal permission to carry out a particular activity or to use a particular piece of intellectual property.
Marginal Social Benefit
The additional benefit to society as a whole from the production or consumption of one more unit of a good or service.
Security Guard
A person employed to protect property, assets, or individuals, often through surveillance, patrolling, and enforcing safety protocols.
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