Examlex
Multipurpose trees are useful for what purpose?
Common Resources
Natural or man-made resources that are not owned by anyone, are available for use by more than one person, and can be depleted.
Public Good
A product that one individual can consume without reducing its availability to another individual and from which no one is excluded.
Lighthouse
A tall structure with a powerful light at the top, located near or on the shore, providing navigation guidance to maritime pilots at sea or on inland waterways.
Willingness To Pay
The maximum amount that a buyer will pay for a good.
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