Which Good Is Excludable

question 101

Multiple Choice

Which good is excludable?

• A) apples on a tree in a public park
• B) a fireworks display
• C) swimming in the ocean
• D) a walk in a public park
• E) education at a community college

---

Definitions:

Equilibrium Quantity

The amount of goods or services supplied equals the amount demanded at the market equilibrium price.

Rent Control

A government policy or set of laws that limit the amount landlords can charge for leasing homes or apartments, aimed at making housing more affordable.

Usury Laws

Legislation that sets maximum interest rates that can be charged on loans, intended to protect consumers from excessive interest.

Price Ceilings

A legally mandated upper limit on the price that may be charged for a product or service.