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While Allison was showing her new infant son to friends of her grandmother,the baby needed a diaper change,and she had brought none with her.She normally uses eco-friendly Seventh Generation brand diapers but settled for Pampers brand diaper because that was the only brand stocked at the small local grocery store.For Allison,which type of product is the recent diaper purchase?
Public Good
A product that is non-excludable and non-rivalrous in consumption, meaning it is available to all members of society without depletion.
Nonrival
Refers to a good where one person's use does not reduce the amount available for others.
Nonexcludable
A characteristic of goods where it is difficult or impossible to prevent people from using the good once it has been provided.
Public Goods
Goods that are non-excludable and non-rivalrous, meaning they are available to every individual without diminishing availability to others, such as national defense, public parks, and clean air.
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