Examlex
Continental crust is thinner than oceanic crust.
Positive Externality
A benefit that is enjoyed by a third-party resulting from an economic transaction to which they were not involved.
Public Good
A product or service that is non-excludable and non-rivalrous, meaning it can be consumed by multiple people without diminishing its availability to others.
Common Resource
A resource that is nonexcludable but rival in consumption.
Nonexcludable
A characteristic of a good or service that prevents people from being excluded from using it, often leading to challenges in private market provision.
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