What do goods that are excludable include
A)both natural monopolies and public goods
B)both public goods and common resources
C)both common resources and private goods
D)both private goods and natural monopolies

Question

Quizplus · Accepted Answer

Goods that are excludable are those where it is possible to prevent people who have not paid for the good from consuming it. Private goods, such as food, clothing, and cars, are examples of excludable goods. Natural monopolies, such as cable TV or utilities, are not usually considered excludable because it is difficult to prevent people from using those services. Public goods, such as national defense or street lighting, are not excludable because individuals cannot be excluded from consuming them. Common resources, such as water or forests, are also not excludable because it is difficult to prevent people from using them. Therefore, the only choice that includes two examples of excludable goods is D, which includes private goods and natural monopolies.

What Do Goods That Are Excludable Include