Nonexcludability is a feature of
A) goods but not services.
B) all nonrival goods.
C) public goods.
D) goods with an external cost.

Question

Quizplus · Accepted Answer

Nonexcludability refers to a situation where it is not possible to exclude individuals from enjoying the benefits of a good or service, regardless of whether they have paid for it. This feature is characteristic of public goods, such as national defense or public parks, where the use by one individual does not diminish availability to others, and it is impractical or impossible to exclude anyone from using the good.

Nonexcludability Is a Feature of