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In Many Networks, One or More Computers Act as a Server

question 75

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In many networks, one or more computers act as a server .


Definitions:

Nonexcludable

A characteristic of a good where it is impossible, or highly costly, to prevent someone from using the good once it has been provided.

Marginal Private Benefits

The additional benefit received by consumers from consuming one more unit of a good or service.

Marginal Social Cost

The total cost to society of producing one additional unit of a good or service.

Public Good

A product or service that is available for all to consume, regardless of who pays and who doesn't, characterized by non-excludability and non-rivalry.

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