Goods that are excludable include both A. club goods and public goods. B. public goods and common resources. C. common resources

Question

2 years ago

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and private goods. D. private goods and club goods.

1 answer:

creativ13 [48] · Answer 1 · 2023-01-27T11:23:35+03:00

The goods that are excludable are private goods and club goods. The correct answer to this question is option D.

The club goods are those goods that can be artificially scarce. These goods are non rival in nature but the excludability is quite high.

Private goods on the other hands are those goods that have their usage and consumption restricted to only one person or group.

Such goods can only be used by one party.