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
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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).

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A definition or brief description of 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).