Examlex
Which of the following is a component of the three-component model that is considered as the foundation for all creative work?
Public Goods
Goods that are non-excludable and non-rivalrous, meaning they can be used by anyone without preventing others from using them as well.
Voluntary Contributions
Donations or services provided by individuals or organizations willingly without any legal or social obligation.
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.
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