Examlex
SaaS is a delivery method where software is provided through the Internet or a network.
Public Good
A Public Good is a commodity or service that is provided without profit to all members of a society, either by the government or a private individual or organization.
Rival Good
A rival good is a type of product or resource that cannot be consumed by multiple individuals at the same time without diminishing its availability to others.
Rival Good
A type of good that cannot be consumed by more than one person at the same time, because its consumption by one person reduces its availability for others.
Marginal External Cost
The additional cost to society that arises from one more unit of a good being produced, not considered by the producer.
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