Goods that are excludable include both
A) natural monopolies and public goods.
B) public goods and common resources.
C) common resources and private goods.
D) private goods and natural monopolies.

Question

Quizplus · Accepted Answer

Excludability refers to the ability to prevent someone from enjoying the benefits of a good or service. Private goods are excludable because the owner has the ability to prevent others from using them. Natural monopolies, public goods, and common resources are not excludable, as it is difficult or impossible to prevent someone from using them once they exist. Therefore, the only choice that includes two excludable goods is D) private goods and natural monopolies.

Goods That Are Excludable Include Both