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A Good Is Nonexcludable If

Question 3

Multiple Choice

A good is nonexcludable if


A) only the government can produce it.
B) nobody can be excluded from enjoying the benefits of the good.
C) when you pay for the good, you are guaranteed to be the sole consumer.
D) when you consume a unit, that means there is no less for someone else.
E) it is also nonrival.

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