A Good Is Excludable If

question 58

Multiple Choice

A good is excludable if:

• A)the government can regulate the availability of the good.
• B)it is a normal good.
• C)several people can enjoy the good simultaneously.
• D)people can be prevented from using it.(True Answer )Correct

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Definitions:

Minimally Required

The least amount that is necessary or allowed, especially in the context of financial or regulatory requirements.

Cash Inflows

Money or the amount of money received by a business from its operational, financing, and investing activities.

Mutually Exclusive

Situations or options that cannot occur or be chosen at the same time.