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If your neighbors remove the weeds in their yard and this activity prevents weed seeds from blowing into your yard,the benefit you receive is a public good.
If your neighbors remove the weeds in their yard and this activity prevents weed seeds from blowing into your yard,the benefit you receive is an externality.
Electrician
A skilled tradesperson who installs, maintains, and repairs electrical systems and equipment.
Agent
An individual or entity authorized to act on behalf of another (the principal) in dealings with a third party.
Owner
An individual or entity that legally possesses property, rights, or titles.
Authority
The legal power or right given to an individual or entity to act on behalf of another or make decisions within certain guidelines or scopes.
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