Excludability Is the Property of a Good Whereby

question 99

Multiple Choice

Excludability is the property of a good whereby

• A) one person's use diminishes other peoples' use.
• B) a person can be prevented from using it.
• C) a good is private, not public.
• D) a good is public, not private.

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Definitions:

Chimpanzees

A species of great ape native to the forests and savannas of Africa, closely related to humans.

Colonialism

The act of gaining complete or partial political dominance over another nation, settling it with inhabitants, and using it for economic benefit.

Epidemics

Widespread occurrences of infectious diseases within a community or region over a specific period of time.