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Term of the Day
BusinessDictionary.com
pure public good
Definition
Economics
concept
of a good or
service
that
provides
non-excludable and non-rival
benefits
to all people in the
population
.
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Nearby Terms
pure endowment
pure equity trust
pure loss cost ratio
pure monopoly
pure premium
pure private good
pure public good
pure rate of interest
pure raw material
pure rent
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