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Explain what is meant by a good being excludable. Explain what is meant by a good being Rival in consumption.

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Explain what is meant by a good being “excludable.” Explain what is meant by a good being “Rival in consumption.” Is a slice of pizza excludable? Is it Rival in consumption?

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An excludable good is one that people can be prevented from using A good t…View the full answer


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Principles of economics

Principles of economics

ISBN: 978-0538453042

6th Edition

Authors: N. Gregory Mankiw

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Question Posted: December 14, 2012 06:55:34
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