Public goods/Definition: Difference between revisions
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Products and services, such as lighthouses and national defence, that can only be collectively-financed because it is not | Products and services, such as lighthouses and national defence, that can only be collectively-financed because it is not feasible to require each user to pay for their use. |
Revision as of 08:47, 27 October 2009
Products and services, such as lighthouses and national defence, that can only be collectively-financed because it is not feasible to require each user to pay for their use.