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What Does the Term Non-Excludable Mean

Question 67

Multiple Choice

What does the term non-excludable mean?


A) It means that prospective buyers cannot be prevented from buying a particular product.
B) The impossibility of preventing non-buyers from enjoying the benefits of a product.
C) It refers to a market where price discrimination cannot be practiced.
D) It means that one person's consumption doesn't reduce the amount available for others.

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