Examlex
When a computer is on and displaying the Windows desktop but not performing other tasks, it is in ____________________ mode and consuming less power.
Nonexcludable
A characteristic of a good or service that prevents individuals who have not paid for it from being easily excluded from its consumption or use.
Nonrival
A characteristic of goods where one person's consumption does not diminish the ability of others to consume the same good.
Social Costs
The total cost to society, including both the private costs borne by producers and also any external costs to others not involved in the transaction.
Social Benefits
The aggregate advantage to society derived from the production or consumption of a product, encompassing both individual benefits and any additional external advantages.
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