Examlex
When Rethabile's husband dies, she thinks, 'I can't live without my husband. God is punishing me.' These types of thoughts about events are called
Nonrival-in-consumption
A property of a good whereby one person's consumption does not diminish the utility of that good for others.
Consumption
The process by which goods and services are used up by consumers, reflecting the end use of products and services in an economy.
Nonpaying Customers
Individuals or entities that receive goods or services without providing payment or compensation.
External Benefits
refer to positive effects of a transaction or activity on third parties who are not directly involved in the transaction.
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