Question

A good is ______ when a seller can prevent people who did not pay for a product from obtaining its benefits.

Answer 1

A good is excludable when a seller can prevent people who did not pay for a product from obtaining its benefits.

Private goods are excluded, however public goods are not excluded. Due to the fact that only one user can acquire or consume a competitor commodity, it falls under the category of excludable goods. Procuring a rival good can impact their overall supply, potentially leading to price increases and a future lack of availability.

If someone (often those who have not paid for it) can be prevent from utilising a good, then it is excludable. If one person's consumption of a good inevitably reduces another person's consumption of the same item, then it is rival or subtractable.

To learn more excludable goods, refer

brainly.com/question/26103200

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