Multiple Choice
An excludable good is:
A) one that is excluded from the common basket of goods consumed by households.
B) one that producers will exclude from production.
C) one where people can be prevented from using the good.
D) not necessary to consume, a luxury.
Correct Answer:

Verified
Correct Answer:
Verified
Q4: Private goods:<br>I. are excludable.<br>II. can be priced.<br>III.
Q33: Which of the following is a private
Q36: A good is nonrival if:<br>A) the good
Q91: It is difficult to get people to
Q128: Using a payoff table, illustrate how the
Q130: Asteroid deflection would be considered a:<br>A) public
Q144: The tragedy of the commons problem is
Q149: Explain whether there is a free-rider problem
Q208: An example of a private good would
Q220: The invisible hand guides the production of