When a good is excludable,
A)one person's use of the good diminishes another person's ability to use it.
B)people can be prevented from using the good.
C)no more than one person can use the good at the same time.
D)everyone will be excluded from using the good.

Question

Quizplus · Accepted Answer

Excludability means that people can be prevented from using the good, so option B is the correct answer. Option A describes rivalrousness, not excludability. Option C describes excludability in the context of non-rivalrous goods. Option D is not a characteristic of excludable goods.

When a Good Is Excludable