Question 19 A nonexcludable good is a good in which: it is difficult to prevent someone from using or having access to the good. one person consuming or using the good cannot prevent others from using or consuming the same unit of the good. there is a regulation that the good must be provided to everyone. the good has no cost of production and so is available to consumers at no cost.

Question 19 A nonexcludable good is a good in which: it is difficult to prevent someone from using or having access to the good. one person consuming or using the good cannot prevent others from using or consuming the same unit of the good. there is a regulation that the good must be provided to everyone. the good has no cost of production and so is available to consumers at no cost.

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter11: Public Goods And Common Resources

Section: Chapter Questions

Problem 1CQQ

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