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Many Instructors Post Lecture Notes and Outlines for Students in the Course

question 18

True/False

Many instructors post lecture notes and outlines for students in the course management system before class for students to download.


Definitions:

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.

Optimal Fee

The best possible charge for a service or product that maximizes profit without discouraging consumers from buying.

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