Examlex
After Hermann Ebbinghaus learned a new list,he forgot it faster than most college students do.Why did Ebbinghaus forget so rapidly?
Externalities
Economic side effects or consequences that affect uninvolved third parties; can be negative (costs) or positive (benefits).
Not Excludable
A characteristic of goods or services that does not allow for the prevention of use by individuals who have not paid for it.
Not Rival
A characteristic of a good where its consumption by one individual does not reduce availability to others, often associated with non-rivalrous goods.
Club Good
A type of good that is excludable but non-rivalrous, meaning those who do not pay cannot access it, but one person's use does not diminish availability for others.
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