Multiple Choice
Excludability is the property of a good whereby
A) one person's use diminishes other peoples' use.
B) a person can be prevented from using it.
C) a good is private, not public.
D) a good is public, not private.
Correct Answer:

Verified
Correct Answer:
Verified
Q14: Economists argue that we can calculate the
Q22: Private markets usually fail to provide lighthouses
Q26: When property rights are not well established,<br>A)private
Q92: What causes the Tragedy of the Commons?
Q94: Which of the following would not be
Q96: Table 11-5<br>A small strip mall contains four
Q97: Reggie owns 3 acres of beautiful wooded
Q101: Figure 11-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2185/.jpg" alt="Figure 11-1
Q103: Table 11-1<br>Consider the town of Anywhere with
Q439: Variable tolls on roads<br>A)are politically unpopular because