By non-excludability, economists mean the inability of some firms to prevent certain people from buying a product.

Name: By non-excludability, economists mean the inability of some firms to prevent certain people from buying a product.
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Non-excludability refers to the inability to prevent people from using a good or service, not from buying it. It is a characteristic of public goods, where individuals cannot be excluded from use regardless of whether they pay for it.

By Non-Excludability, Economists Mean the Inability of Some Firms to Prevent