Which Good Is Excludable

question 101

Multiple Choice

Which good is excludable?

• A) apples on a tree in a public park
• B) a fireworks display
• C) swimming in the ocean
• D) a walk in a public park
• E) education at a community college

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Definitions:

Dominant Strategy

In game theory, a strategy that is the best choice for a player, no matter what the other players do.

Drug Dealers

Individuals or entities involved in the illegal trade of controlled substances.

Confess

To admit or acknowledge something that is true, especially something personal or sensitive.

Good Quality Product

A product that meets or exceeds the expectations of its users in terms of performance, durability, and reliability.