Examlex
MATCHING
Match each term with the correct statement below.
-A floating-point data type
Nonexcludable
A characteristic of a good or service that prevents individuals who have not paid for it from being easily excluded from its use or benefit.
Nonrival
A characteristic of a good or service where one person's use does not diminish its availability to others.
Marginal Cost
The increase in total production cost that arises from producing one additional unit of a good or service.
Public Good
A product or service that is provided without profit to all members of a society, either by the government or a private individual or organization.
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