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    Survey of Economics Principles
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    Exam 9: Imperfect Information, External Benefits, and External Costs
  5. Question
    When Economists Say That a Good Is Nonexcludable, They Mean
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When Economists Say That a Good Is Nonexcludable, They Mean

Question 276

Question 276

Multiple Choice

When economists say that a good is nonexcludable, they mean that


A) everybody wants it.
B) there is no practical way to stop a person from enjoying the good.
C) more than one person can consume the good.
D) everybody is willing to pay for it.

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