Examlex
In the case of a nonexcludable public good,the market will fail to produce the good because of the free rider problem.
Cost-Benefit Analyses
The process of comparing the costs and benefits associated with a decision, project, or policy to determine its feasibility or desirability.
Independent Agencies
Bodies established by the government that operate independently from the executive branch to regulate or oversee specific activities.
Administrative Law Judge
An official who presides over federal administrative hearings, making decisions on disputes between government agencies and those affected by agency actions.
Federal Trade Commission
An independent agency of the United States government aimed at promoting consumer protection and eliminating and preventing anticompetitive business practices.
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