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Social Studies, 08.03.2020 20:01 Xavier8247

The ideas of the non-exclusion and shared consumption are at the heart of the economic system. When people can obtain a good or service whether they pay for it or not they have less incentive to pay. If consumers have no incentive to pay the costs, producers will have little incentive to provide the benefits. As a result, such goods and services will not be produced despite the fact that everyone wants them. The passage above explain why the government

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The ideas of the non-exclusion and shared consumption are at the heart of the economic system. When...
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