Excludability is the property of a good whereby
A)one person's use diminishes other peoples' use.
B)a person can be prevented from using it.
C)the government rations the quantity of a good that is available.
D)the resource is congestible.

Question

Quizplus · Accepted Answer

Excludability refers to the ability to exclude someone from using a particular good or service. If a good is excludable, it means that someone can be prevented from using it, either through physical or legal means. For example, a person can be prevented from entering a movie theater without a ticket, which means that the movie theater is an excludable good. The other answer choices do not accurately describe excludability.

Excludability Is the Property of a Good Whereby