A good is nonexcludable if the benefits derived from consuming it cannot be easily denied to those who do not purchase it.

Name: A good is nonexcludable if the benefits derived from consuming it cannot be easily denied to those who do not purchase it.
Brand: Quizplus
Rating: 4.9 (51 reviews)

Question

Quizplus · Accepted Answer

Nonexcludable goods can be consumed by anyone, regardless of whether they paid for it or not, and there is no effective way to restrict access to the benefits of the good. Examples include public parks, clean air, and knowledge from academic research.

A Good Is Nonexcludable If the Benefits Derived from Consuming