Examlex
Bail is employed for which of the following purposes?
Not Excludable
A characteristic of a good or service where it is difficult or impossible to prevent individuals from enjoying its benefits, even if they do not pay for it.
Not Rival
A characteristic of a good where its consumption by one individual does not reduce availability or quality for others.
Excludable
A characteristic of a good or service that allows its owner to prevent others from using it, typically through the mechanism of property rights.
Rival in Consumption
A characteristic of a good whereby consumption by one individual prevents simultaneous consumption by another individual.
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