Excludability Is Important Because It

question 95

Multiple Choice

Excludability is important because it:

• A)allows sellers to set an enforceable price on a good.
• B)allows consumers to control the price of a good.
• C)allows sellers to keep prices artificially high.
• D)causes buyers to have an inelastic demand for a good.

---

Definitions:

Podcast

A digital audio or video file series that is available for streaming or downloading, focusing on various subjects ranging from education to entertainment.

Reading

The process of interpreting written symbols to derive meaning.

Beginning

The initial part or start of something, such as a project, story, or period of time.

Middle and End

Phases or segments of a process, story, or event following the beginning, where development occurs and conclusions are drawn.