A good is said to be excludable if
A) those who do not pay for it can be prevented from consuming it
B) those who do not produce the good can be prevented from consuming it
C) it is not traded in a public market
D) there is no rivalry in consuming it
E) its use can be continued indefinitely
Correct Answer:
Verified
Q89: Which of the following is a pure
Q90: A good is nonexcludable if the benefits
Q91: Which of the following is an example
Q92: Both positive externalities and negative externalities produce
Q93: A pure private good has two characteristics:
Q95: Higher education creates
A)side payments
B)negative externalities
C)a wedge between
Q96: If a good is excludable and nonrival,
A)a
Q97: Negative externalities produce inefficiency but positive externalities
Q98: Private markets are most likely to produce
Q99: If one person's consumption of a good
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