Outrageously Funny Word Dictionary :: Nonusuriousness

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What is the definition of nonusuriousness? 🙋

👉 Nonusuriousness is a concept in economics that refers to the absence of any significant cost or benefit associated with an act or transaction, including but not limited to those costs and benefits that are incurred by one party without regard for the other party. It implies that all transactions should be free from external pressures or incentives, which can lead to unfairness and inefficiency. Nonusuriousness is often described as a principle in which individuals should make decisions based on their own needs rather than those of others


nonusuriousness

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