Which of the following goods is more likely to be excludable?
A) a chocolate bar
B) a concert at Times Square
C) national defense
D) ocean breeze

Question

Quizplus · Accepted Answer

A chocolate bar is a private good that can be easily withheld from individuals who do not pay for it, making it excludable.

Answer: B
 A concert at Times Square is a semi-private good that can be made excludable by limiting the number of tickets or having a gated area where only ticket holders can enter.

Answer: C
 National defense is a public good that is non-excludable, meaning it cannot be withheld from individuals who do not pay for it.

Answer: D
 Ocean breeze is a non-rivalrous and non-excludable good, making it a public good that is available to all individuals regardless of whether they pay for it or not.

Which of the Following Goods Is More Likely to Be