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A Good Is Excludable If Nonpayers Can Be Prevented from Consuming

question 67

True/False

A good is excludable if nonpayers can be prevented from consuming it.
False


Definitions:

Illustrate

To explain or make something clear by using examples, charts, pictures, etc.

Creative View

involves adopting an innovative or unconventional perspective in problem-solving or artistic expression.

Legal Owner

The person or entity that has legal title to property, assets, or securities, holding official ownership rights.

Legal Ownership

The recognized right under the law of a person or entity to possess, use, and dispose of a particular property or asset.

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