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Definition of a good that is rivalrous and non-excludable. in English English dictionary
- a good that is rivalrous and non-excludable.
- common good
A classic example of a common good are fish stocks in international waters; no one is excluded from fishing, but as people withdraw fish without limits being imposed the stocks for later fishermen are potentially depleted. (Wikipedia: Common good).
Related Terms
a good that is rivalrous and non-excludable.
Hyphenation
a good that I-s rivalrous and non-excludableResimler
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