SEARCH
You are in browse mode. You must login to use MEMORY

   Log in to start


From course:

L6 M1 economics

» Start this Course
(Practice similar questions for free)
Question:

Are private goods excludable

Author: Dakota howells



Answer:

Private goods are highly excludable. Sellers can easily prevent individuals who have not paid for the good from consuming it. Excludability allows for the enforcement of property rights and collection of payment.


0 / 5  (0 ratings)

1 answer(s) in total