contestada

What does excludability mean for goods and services?

The good or service is subject to the free-rider problem

An excludable good or services availability to one consumer can be affected by another consumer

The good or service had a higher social cost than private cost

An excludable good or service’s availability is dependent on payment

Respuesta :

Baraq

Considering the options available, what excludability means for goods and services is that:

"An excludable good or service’s availability is dependent on payment."

  • This is because the excludable good or service is a type of good that is available only to people who can pay for it.

  • It is often referred to as private goods.

  • Thus, people who can not afford or pay for excludable goods and services won't have access to them.

Hence, in this case, the correct answer is option D "An excludable good or service’s availability is dependent on payment."

Learn more here: https://brainly.com/question/19475150

Otras preguntas