A Good Is Nonexcludable in Consumption If It Is Not

question 239

True/False

A good is nonexcludable in consumption if it is not practical to exclude people who don't pay for it from enjoying its benefits.

---

Definitions:

Smaller

Of less size, amount, or scale compared to others of its kind.

Environmental Uncertainty

A condition that exists when the external environment is vague, difficult to diagnose, and unpredictable.

Organizational Effectiveness

A measure of how successfully an organization achieves its goals and objectives, often evaluated through performance, adaptability, and sustainability.

External Environment

The external environment of an organization includes all outside factors and forces that affect its operations, ranging from economic, socio-cultural, legal, technological, to political conditions.