Examlex
The ________ Web,originally envisioned by Tim Berners-Lee,one of the founders of the Internet,is a set of design principles that will allow computers to be able to better index Web sites,topics,and subjects.
Free-rider Problem
The free-rider problem occurs when individuals consume a good without paying for it, under the assumption that others will cover the cost, typically in the context of public goods.
Nonpayers
Individuals who benefit from goods, services, or resources without contributing to their production or cost, often in the context of public goods.
Market Failure
A situation where the allocation of goods and services is not efficient, often leading to a net social welfare loss.
Scarce Resources
Resources that are limited in supply and cannot meet all the demands placed on them, necessitating allocation decisions.
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