Because technology exhibits nonrivalry and nonexcludability, there will likely be

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Nonrivalry means that one person's use of technology does not diminish another's ability to use it, and nonexcludability means it's difficult to prevent others from using the technology. These characteristics can lead to underproduction because firms may not be able to fully capture the benefits of their investment in technology, making them less likely to invest in its development.

Because Technology Exhibits Nonrivalry and Nonexcludability, There Will Likely Be