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Study with Quizlet and memorize flashcards containing terms like Definitions of economics, Classical economists, Definition of economics by Adam Smith and more.
Non Exclusion (can't exclude people even if they don't pay) ex. National defense Non Rivalry (one person's consumption of the good does not reduce its usefulness to others) ex. Public park 2 of 10 Definition
Proprietary income refers to. revenue generated by government-run businesses. Revenues flowing to the government from government-run or government-sponsored businesses, such as public utilities and state lotteries, are known as: proprietary income. The total amount of U.S. tax revenue needed to finance the public sector:
A need is necessary for survival and a want is the manner in which the need is met (Example: you need food and you choose a cheeseburger to meet the need for food. Food is the need and the cheeseburger is the want.)
Contents. NON-PROPRIETARY definition: 1. Nonproprietary goods do not have the name of a particular company on them: 2. Nonproprietary…. Learn more.
Take the quiz. The meaning of NONPROPRIETARY is not proprietary. How to use nonproprietary in a sentence.
Definition of non-proprietary adjective in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
