What does it mean when a good is excludable
A)One person's use of the good diminishes another person's ability to use it.
B)People can be prevented from using the good.
C)No more than one person can use the good at a time.
D)Everyone will be excluded from obtaining the good.

Question

Quizplus · Accepted Answer

When a good is excludable, it means that people can be prevented from using the good. This is typically done through some form of enforcement, such as property rights or access fees. Examples of excludable goods include private goods like clothing or food, as well as some common resources like toll roads or movie theaters.

What Does It Mean When a Good Is Excludable