Examlex
To a middle-class reformer around 1910, which of the following statements would reveal the most about the morality of the movies?
Positive Externality
A benefit that affects a party who did not choose to incur that benefit, often associated with public goods or services that extend beyond the direct participants in an economic activity.
Rival in Consumption
Refers to a situation where the consumption of a good by one individual prevents or diminishes its consumption by another.
Club Goods
Goods that are excludable but non-rivalrous, meaning they can be accessed by members of a specific group but one person's use does not diminish availability for others.
Public Goods
Goods that are non-excludable and non-rivalrous, meaning they can be used by everyone and one person's use does not reduce availability for others.
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