Examlex
A table can be locked in SHARE MODE or EXCLUSIVE MODE._________________________
Rivalry
The competitive relationship between firms in the market, striving to gain advantage over each other in terms of sales, market share, or innovation.
Nonexcludable
A characteristic of a good or service whereby it is not possible to prevent people who have not paid for it from having access to it.
Free-rider Problem
A situation in which individuals benefit from resources, goods, or services without paying for them, leading to underprovision of those goods or services.
Public Goods
Goods that are non-excludable and non-rivalrous, meaning that anyone can consume them without diminishing their availability to others, such as public parks and clean air.
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