A government-inhibited good is a good which
A) is not subject to the principle of mutual exclusivity.
B) the political process has deemed socially undesirable.
C) can be consumed by one individual without affecting the consumption of another individual.
D) the political process has deemed socially desirable.

Question

Quizplus · Accepted Answer

A government-inhibited good is a good that has been deemed socially undesirable by the political process. This could be because it is harmful, dangerous, or has negative externalities that affect society as a whole. Examples of such goods include illegal drugs, weapons, and hazardous materials.

A Government-Inhibited Good Is a Good Which