A good or resource is excludable if
A) only the government can produce it.
B) when you consume a unit, that means there is one less for someone else.
C) it is a common resource.
D) nobody can be excluded from enjoying the benefits of the good or resource.
E) when you pay for the good or resource, you are guaranteed to be the sole consumer.

Question

Quizplus · Accepted Answer

Excludability refers to the ability to prevent individuals who have not paid for a good or resource from consuming it. Choice E directly addresses this concept by stating that payment guarantees sole consumption, implying that non-payers can be excluded.

A Good or Resource Is Excludable If