What result can we expect to see when goods are nonexcludable?
A)Consumers demand a higher quantity than they would if they had to pay for what they consumed.
B)Consumers demand a lower quantity than they would if they had to pay for what they consumed.
C)Firms supply a lower quantity than they would if they incurred the full costs of the provision of the good.
D)Firms supply a higher quantity than they would if they had to pay for what they supplied.

Question

Quizplus · Accepted Answer

Nonexcludable goods are those from which individuals cannot be easily excluded from using, and as a result, consumers may demand a higher quantity than they would if they had to pay for their consumption, because they can benefit from the good without directly paying for it.

What Result Can We Expect to See When Goods Are