Examlex
The final three steps of EFT are designed to
Marginal Social Benefit
The additional benefit received by society as a whole from consuming one more unit of a good or service.
Public Good
A good or service offered to every member of a community free of charge, supplied either by the government or a non-profit private entity.
Excludable
A characteristic of a good or service that allows owners or producers to prevent its use by people who have not paid for it.
Nonpayers
Individuals who benefit from a good or service without contributing to its cost, often associated with public goods.
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