Examlex
All of the following statements are true EXCEPT
Nonexcludable
A property of a good where it is not possible to prevent individuals from consuming the good, regardless of whether they have paid for it.
Clean Water
Water that is free from pollutants and contaminants, making it safe for human consumption and use.
Private Good
A type of good that is both excludable and rival in consumption, meaning its use is limited to paying customers and one person's use diminishes another person's ability to use it.
Automobile
A wheeled motor vehicle used for transportation, typically powered by an internal combustion engine or electric motor.
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