Examlex
Why did Nixon try to improve the United States' relationship with China in the early 1970s?
Marginal Cost
The additional cost incurred in producing one more unit of a product or service.
Public Good
A good that is both non-excludable and non-rivalrous, meaning individuals cannot be effectively excluded from its use, and use by one does not reduce its availability to others.
Public Goods
Public goods are those that are non-excludable and non-rivalrous, meaning they can be used simultaneously by more than one person without diminishing the supply.
Politically Powerful
Individuals, organizations, or entities that possess a significant influence over political decisions, policies, and outcomes.
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