Examlex
A ____ is a device that connects a computer to a telephone line and converts computer data signals into signals compatible with DSL.
Free-rider Problem
A situation where individuals benefit from resources, goods, or services without paying for them, leading to underprovision of those public goods.
Nonrivalry
A property of goods where one person's consumption does not prevent consumption by others, typically relevant in the context of public goods.
Nonexcludability
Nonexcludability is a feature of public goods where it is not possible to prevent individuals from consuming the good, irrespective of whether they have contributed to its provision.
Public Goods
Goods that are non-excludable and non-rivalrous, meaning no one can be effectively excluded from use and use by one does not reduce availability to others.
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