Examlex
Which of the following is a private good?
Observations
The act of monitoring or recording systematically selected variables to gather data or insights.
Defect Rate
The proportion of defective items or errors found in a batch of products, used as a measure of quality in manufacturing processes.
Confidence
A feeling or belief that one can rely on someone or something; firm trust.
Billing Process
The process of issuing invoices to customers for goods or services, tracking the payment status, and managing receivables.
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