Examlex
What is a credit-card like device that contains an embedded chip on which digital information can be stored and updated?
Public Good
An offering of goods or services to all society members without any profit, provided by either governmental bodies or private sectors.
Marginal Cost
The financial outlay for producing an additional unit of a product or service.
Public Good
A product or service that is made available to all members of a society, typically funded by the public sector, and is characterized by its non-excludability and non-rivalry.
Weather Warning System
A technology or protocol designed to alert the public of impending severe weather conditions.
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