A good cannot be private at the same time that it is nonexcludable.

Name: A good cannot be private at the same time that it is nonexcludable.
Brand: Quizplus
Rating: 4.8 (31 reviews)

Question

Quizplus · Accepted Answer

A good cannot be private if it is nonexcludable because nonexcludability means that it is impossible to prevent people from consuming the good, even if they do not pay for it. This means that the good is available to everyone, regardless of whether or not they have paid for it.

A Good Cannot Be Private at the Same Time That