Examlex
The likelihood of upward social mobility was described in the text as a function of three separate factors; the individuals themselves, a frictional factor, and a(n) __________.
Pay-Per-View
A type of television or internet broadcasting service by which a user pays to view a specific television program or event.
Artificially Scarce
A situation where the supply of a good is limited by factors other than its physical scarcity, often due to regulatory or monopolistic practices.
Excludable
Referring to a good, describes the case in which the supplier can prevent those who do not pay from consuming the good.
Nonrival
A property of a good or service where its consumption by one individual does not reduce availability for others, often found in public goods.
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