Examlex
A(n) ________ is an assembly of forms,reports,queries,and application programs that process a database.
Property Rights
The legal rights to possess, use, and dispose of assets, including property and intellectual property.
Allocate Resources
The process of assigning available assets, time, and effort to various tasks or purposes in order to achieve specific goals.
Market Failures
Situations where the allocation of goods and services by a free market is not efficient, often leading to a net social welfare loss.
Private Goods
Goods that are excludable and rivalrous in consumption, meaning access can be limited and consumption by one individual prevents others from consuming the same good.
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