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    Business
  3. Study Set
    Microeconomic Theory Basic
  4. Exam
    Exam 17: Externalities and Public Goods
  5. Question
    A Nonexclusive Good Is a Good Which
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A Nonexclusive Good Is a Good Which

Question 4

Question 4

Multiple Choice

A nonexclusive good is a good which:


A) is sold in low-price markets.
B) is impossible to keep people from enjoying the benefits the good provides.
C) is produced by a perfectly competitive firm.
D) is produced at the lowest possible cost.

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