Asked by Wendy Thurmond on May 18, 2024

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If you ________ prevent at a low cost another person from enjoying the benefits of a good that you produced, the good is nonexcludable. This is a characteristic of a ________ good.

A) can; public
B) cannot; public
C) cannot; private
D) can; private

Nonexcludable

A characteristic of a good or service whereby individuals cannot be effectively excluded from using it, often resulting in public goods.

Public Good

A product or service that is made available to all members of society, characterized by non-excludability and non-rivalry in consumption.

  • Identify the differences between rival and nonrival goods, as well as excludable and nonexcludable goods.
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DR
Demetris RobertsonMay 19, 2024
Final Answer :
B
Explanation :
Nonexcludability is a characteristic of public goods, meaning if you cannot prevent others from enjoying the benefits of a good at a low cost, it is considered a public good.