When a good is excludable:
A) one person's use of the good prevents another's ability to use it.
B) everyone is excluded from using the good.
C) people can be prevented from using the good.
D) no more than one person can use the good at one time.

Question

Quizplus · Accepted Answer

When a good is excludable, it means that people can be prevented from using the good. This can be achieved through various means such as setting a price for the good, controlling access to it, or establishing property rights. A good that is excludable can be owned and controlled by an individual or a group, and the owner can decide who can or cannot access it.

When a Good Is Excludable