Examlex
The human resources manager is meeting with the production manager to write job descriptions and to decide how to group jobs for a new production line. These two are engaged in ________.
Nonrival
A characteristic of a good or service where one person's consumption does not diminish the ability of another to consume it as well.
Excludable
A property of a good or service that allows its owner to prevent others from using it without permission.
Artificially Scarce Good
A good that has its availability limited by design or through artificial means, rather than through natural scarcity.
Cable Television
A system for delivering television programming to consumers via radio frequency signals transmitted through coaxial cables.
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