Examlex
Which of the following statements is FALSE?
Public Radio
Radio stations that are funded by public sources, such as government grants and listener donations, rather than commercial advertising.
Free-rides
The situation where individuals consume a public good without contributing to its cost, benefiting from others' contributions.
Common Resource
A natural or man-made resource where one user's consumption reduces or diminishes the utility of that resource for others, and where it is difficult to exclude anyone from using the resource.
Rival
Refers to a competitor within the same market that offers similar products or services.
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