A good is considered to be nonexcludable if
A) your consumption of the good reduces the quantity available for others to consume.
B) the producer can keep those who did not pay for the good from consuming the good.
C) the producer finds it difficult to keep those who did not pay for the good from consuming the good.
D) it is jointly owned by all members of a community.
C
Economics
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Sole proprietorships are ________ type of business
A) the most profitable B) the least common C) the most common D) the least risky
Economics
Price discrimination exists when a firm sells the same good at __________________ to different groups of customers.
a. more than two prices b. more than three prices c. the same price d. more than one price
Economics