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In Canada,one of the reasons that the rates of bonds issued by Telus and by provincial governments are different is because of
Nonexcludable
A characteristic of a good whereby it is not possible to prevent individuals from consuming the good once it has been provided.
Radio Signal
An electronic transmission of electromagnetic waves that can carry audio, data, or video signals.
Marginal Cost
The charge for generating one more unit of a product or service.
Total Willingness to Pay
The maximum amount an individual or group is willing to pay for a good or service, reflecting the total value they derive from it.
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