Public goods/Definition: Difference between revisions

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A definition or brief description of Public goods.

Products and services that can only be collectively financed because it is not feasible to require individual users to pay for using them.

Revision as of 16:19, 23 May 2008 (view source) imported>John Dvorak No edit summary ← Older edit		Latest revision as of 04:36, 28 October 2009 (view source) imported>Nick Gardner 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)~~.		Products and services that can only be collectively financed because it is not feasible to require individual users to pay for using them.