What does excludability mean for goods and services?(1 point)
Responses
An excludable good or service's availability to one consumer can be affected by another consumer.
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The good or service has a higher social cost than private cost.
An excludable good or service's availability is dependent on payment.
The good or service is subject to the free-rider problem.
1 answer
The good or service is subject to the free-rider problem.
1 answer