Examlex
Provide the major organic product of the following reactions.
Excludable
An excludable good is one from which it is possible to prevent people from benefiting unless they have paid for it.
Public Good
A good or service offered to every member of a society for free, provided by either the government or a private entity or group, without seeking profit.
National Defense
Governmental and military measures designed to protect a country from external aggression and threats.
Free-Rider Problem
A situation where some individuals consume more than their fair share of a public resource, or shoulder less of the cost of its production, benefiting from it without paying for it.
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