Public goods/Definition: Difference between revisions
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imported>Nick Gardner (New page: A commodity that can yield utility to a person without diminishing the its utility to anyone else, and from the use of which it is not possible to exclude anyone (see also [[microecon...) |
imported>John Dvorak No edit summary |
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A commodity that can yield [[utility]] to a person without diminishing the its utility to anyone else, and from the use of which it is not possible to exclude anyone (see also [[microeconomics]]: public goods). | A commodity that can yield [[utility]] to a person without diminishing the its utility to anyone else, and from the use of which it is not possible to exclude anyone (see also [[microeconomics]]: public goods). |
Revision as of 15:19, 23 May 2008
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A commodity that can yield utility to a person without diminishing the its utility to anyone else, and from the use of which it is not possible to exclude anyone (see also microeconomics: public goods).