A Good Is Said to Be Excludable If

question 1

Multiple Choice

A good is said to be excludable if

• A)those who do not pay for it can be prevented from consuming it
• B)those who do not produce the good can be prevented from consuming it
• C)it is not traded in a public market
• D)there is no rivalry in consuming it
• E)its use can be continued indefinitely

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Definitions:

Union Control

The governance or influence exerted by labor unions over workplace conditions, wages, and employment policies.

Battle of Vicksburg

A significant military engagement during the American Civil War, where Union forces gained control of Vicksburg, Mississippi, and the Mississippi River.

Republican National Convention

A quadrennial event where the Republican Party of the United States selects its candidates for President and Vice President and adopts its political platform.