Examlex
Which of the following is a reason for the separation of powers?
Network Effects
The phenomenon whereby increased numbers of people or participants improve the value of a good or service.
Simultaneous Consumption
A situation where a good or service can be consumed by more than one individual at the same time without reducing the quantity available to others.
Monopoly Power
The ability of a monopoly to set or influence prices within the market due to the lack of competitive pressures.
Net Social Benefits
The total benefits from an action or policy minus the total costs, considering both direct and indirect effects on society.
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