A product is considered to be nonexcludable if
A)you can keep those who did not pay for the item from enjoying its benefits.
B)you cannot keep those who did not pay for the item from enjoying its benefits.
C)your consumption of the product reduces the quantity available for others to consume.
D)it is jointly owned by all members of a community.

Question

Quizplus · Accepted Answer

Nonexcludable goods are those goods whose consumption cannot be limited to those who have paid for it. In other words, people who have not paid for the good cannot be excluded from enjoying its benefits.

A Product Is Considered to Be Nonexcludable If