Asked by Michelle Uzoukwu on Apr 28, 2024
Verified
Clean water in a river is nonexcludable because:
A) it is not possible to prevent consumption by people who do not pay for it.
B) more than one person can consume the same unit of the good at the same time.
C) individuals ignore the effect their use has on the amount of the resource remaining for others.
D) consumption is inefficiently low.
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.
- Contrast excludable goods with non-excludable goods.
- Identify instances of shared resources and comprehend the reasons for their classification.
Verified Answer
MS
Mah Sanah BaharApr 30, 2024
Final Answer :
A
Explanation :
Clean water in a river is nonexcludable because it is not possible to prevent consumption by people who do not pay for it. This means that even if someone does not contribute or pay for the good, they can still consume it, and it is impossible to exclude them from doing so.
Learning Objectives
- Contrast excludable goods with non-excludable goods.
- Identify instances of shared resources and comprehend the reasons for their classification.