Which of the following is excludable? Public goods Private goods Common goods Collective goods

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Question

Which of the following is excludable? Public goods Private goods Common goods Collective goods

Which of the following is excludable?

Public goods
Private goods
Common goods
Collective goods

business economics

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Answer 1

Answer #1

Excludable goods: those who are unwilling or unable to pay for the good do not obtain its benefits

Private goods are excludable

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Answer 2

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Which of the following is excludable? Public goods Private goods Common goods Collective goods