Suppose a long stretch of beach with many possible public and private entrances is such that it is impossible to control access and, as a result, gets very crowded on summer days. Which recognized characteristic of goods does not hold
A)rivalry.
B)exclusivity.
C)lucidity.
D)morality.

Question

Quizplus · Accepted Answer

The characteristic of exclusivity does not hold, as it is not possible to control access to the beach, making it available to anyone who wants to use it. The other characteristics of goods - rivalry, lucidity, and morality - still hold in this scenario.

Suppose a Long Stretch of Beach with Many Possible Public