Entrepreneurs are constantly looking for ways to turn nonexcludable, nonrival goods, such as television, into club goods.

Question

Quizplus · Accepted Answer

This statement is true. Entrepreneurs try to find ways to limit access to nonexcludable goods and make them available exclusively to those who pay, thus turning them into club goods. An example of this is the creation of paid subscription models for online streaming services like Netflix and Hulu.

Entrepreneurs Are Constantly Looking for Ways to Turn Nonexcludable, Nonrival