Goods That Are Not Excludable Are Usually Which of the Following

question 68

Multiple Choice

Goods that are not excludable are usually which of the following

• A)higher priced than excludable goods
• B)higher priced than rival in consumption goods
• C)in short supply
• D)free of charge

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Definitions:

Charging

The process of imposing a charge or fee for services rendered or for access to facilities or information.

Certifies

The act of officially recognizing, confirming, or attesting to the validity of something, such as a document or claim.

Liable

Legally responsible for causing damage or injury, thereby subject to civil legal action or compensation requirements.

Damages

A sum of money awarded in compensation for a loss or injury.