A product is considered to be excludable if it is jointly owned by all members of a community.

Name: A product is considered to be excludable if it is jointly owned by all members of a community.
Brand: Quizplus
Rating: 4.9 (41 reviews)

Question

Quizplus · Accepted Answer

Excludability means that it is possible to prevent someone from using or accessing a particular product or service. If a product is jointly owned by all members of a community, it cannot be excluded from any individual's use, making it non-excludable.

A Product Is Considered to Be Excludable If It Is