Examlex
Find the coefficient of in the Maclaurin series for .
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Private Good
A type of good that is rivalrous and excludable, meaning its consumption by one individual prevents others from consuming it.
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A type of good that provides users with tangible benefits, but which is available to everyone, such as air, water, and fish in the open sea, leading to potential overuse problems.
Common Resource
A natural or man-made resource where one person’s use diminishes other people’s access or enjoyment, but it is difficult to exclude anyone from using it.
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