Question

An example of a good that is excludable is: _________

a) an outdoor sculpture visible from the street.
b) a television set.
c) broadcast television.
d) an aerial fireworks display.

Answer 1

b) a television set

Step-by-step explanation:

Excludable goods can be regarded as a s private goods, unlike non-excludable goods which are public goods. Instance of this is that

everyone can utilize public road, but going to cinema cannot be for everyone the way they please, this is because, ticket need to be bought to get access, as ticket is bought, this can excludes somebody else since there is because limited seat. It should be noted that good can be regarded as a excludable, in situation whereby supplier of that good successfully prevent individual that do not pay from consuming it. An example of a good that is excludable is television set