What does it mean for a good to be excludable?

Q: How can high-income countries benefit from covering much of the cost of reducing pollution created…

A: Pollution control permits are allowed by the government in a country within areas as well as all the…

Q: Which of the following goods is nonexcludable?

A: Non excludability is the feature of certain goods. Usually public goods are non excludable and non…

Q: Bluefin tuna are: rival and nonexcludable. nonrival and excludable. O rival and excludable. nonrival…

A: A rival good is a product or service that can only be owned or consumed by one individual.When a…

Q: Which of the following is the best example of a good or service that would be considered non-rival…

A: Public goods are those goods which have the characteristics of being both non-excludable and…

Q: Goods that are inherently non-excludable and unrivalled are referred to as

A: Introduction, Similar good: The word "availability" refers to how many people a product can help. If…

Q: What are positive and negative externalities

A: Externalities are the effects of economic activity on a third party, the costs or benefits of which…

Q: Why free-market environmentalism is not implemented?

A: Free market environmentalism would cause decrease in production of many firms.

Q: What are positive and negative externalities, hint the ( causes, effects and the remedies.)

A: An externality is present whenever some economic agents' welfare (utility or profit) is directly…

Q: Public goods are defined as non-excludable and non-rival in consumption. If something is close to a…

A: Public goods are those goods which are non-rivalrous and non-excludable.

Q: 1. (0.2 pt) Which two categories of goods are excludable? and

A: * ANSWER :-    1)

Q: Which of the following are non-excludable?   a) A particular blu-ray disc of a Batman movie   b)…

A: Non-excludable goods are public goods which can be used for consumption by anyone, no one can…

Q: Explain what is meant by a good being "excludable."  Explain what is meant by a good being "rival in…

A: Excludable: - it is a condition where a person can stop another person from using a good or service.…

Q: In what ways do company investments in research and development create positive externalities?

A: Answer: Positive externality refers to the positive impact on a party due to the actions of another…

Q: public good is defined as a good or service

A: Public goods are those which are non rivalrous and non excludable means they are available to all…

Q: A good or resource that is both nonrival and nonexcludable is       a public good.…

A: Non rival goods are the goods whose consumption by one additional individual does not reduce the…

Q: Give an example of a negative externality that you have witnessed or are personally aware of. Who is…

A: One day, one of my neighbors was smoking in a public park with kids around. His smoking was…

Q: In order for a good to be classified as ________________, when one person uses the good, it does not…

A: Rivalrous goods are those goods that only one person can utilize. Non-rivalrous goods are those…

Q: DSTV and the South African Navy differ as both of them are: a. DSTV is nonexcludable and the Navy…

A: Public goods refer to such goods that satisfy the two condition: Non-excludable and non-rivalrous.…

Q: Think of an example of a good (or service) that is a common resource (i.e., it is non-excludable and…

A: Common Resource goods are those which are non excludable and rival in consumption.

Q: Explain why a negative externality creates a cost for the society and how it can be reduced, give an…

A: Negàtive externàlity  fàctors occur when the use or production of good càuses a harmful effect on…

Q: Which of the following is an example of a nonexcludable good? O A) A flu vaccine B) A Broadway show…

A: Answer: Correct option: C) Fish in the ocean Explanation: A non-excludable good is free for…

Q: When people cannot be prevented from using a good, and it is free of charge to everyone, then that…

A: A good that is free of charge to everyone and it is not possible to prevent anyone from using it, it…

Q: Which of the following is the best example of a good or service that would be considered rival and…

A: Consider the following table: Private goods are excludable and rival in nature. Food, cloth, and so…

Q: Which of the following is the best example of a good or service that would be considered rival and…

A: Any goods can be categorized based on rivalry and excludability. This can be illustrated by the…

Q: Which of the following is the best example of a good or service that would be considered non-rival…

A: The goods and services are classified under two main categories which are the private goods and…

Q: If you can prevent someone from consuming a good, that good is called   Question 4 options:…

A: There are different types of goods depending on degree of excludability and rivalry.

Q: Which of the following goods is non-rival and non-excludable?    a congested toll road            a…

A: A good is a Nonrival good (based upon the consumption of the goods) if it is consumed by more than…

Q: Government intervention may: cause a good to become non-excludable. make a market more efficient if…

A: In a market, government intervention is a major concern as different types of market system defines…

Q: A(n) __________ is excludable and rival. Group of answer choices common resource public good…

A: In economics excludable means one person can be barred to utilise a good on others or others can be…

Q: Explain what is meant by a good being “excludable.”

A: People consume goods and services to fulfill their needs and necessities. Goods can be broadly…

Q: Which of the following best represents a “non-excludable” good?   A)Tollway.   B)Air.   C)None…

A: Goods are the items produced by the manufacturer to satisfy the customers’ needs and wants.

Q: Give an example of each of the following: a. A good that is rivalrous in consumption and is…

A: Goods have some characteristics like rivalry, non rivalry, excludable, non excludable.

Q: The Centers for Disease Control and Prevention estimates that every alcoholic drink consumed…

A: Externality is the cost or benefit that a society receives due to action of a third party. An…

Q: Which of the following are non-rival?   a) A particular blu-ray disc of a Batman movie   b) The…

A: Non-rival: - it is a condition where the consumption of a good or service by a person does not…

Q: A good that is rival and non-excludable is?

A: In Economics there are four types of goods depending on whether goods are excludable and/or…

Q: Aside from pig farming, what other industries might be affected by the larger externality?

A: An externality is a cost or benefit developed by one party and affects the other party without being…

Q: A good is nonexcludable if A. when you pay for the good, you are guaranteed to be the sole consumer.…

A: A good can have two properties, excludability and rivalry. A public good is both rival and…

Q: All goods that are excludable are also rival in consumption, but not all goods that are rival in…

A: Rivalry in consumption, in economics, means that the consumption by one person restricts or reduces…

Q: Which of the following is the best example of a good or service that would be considered non-rival…

A: A commodity or a service is non-rivalrous in nature – if the consumption of that good by a person is…