Explain what is meant by a good being "excludable".Explain w
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Explain what is meant by a good being "excludable".Explain what is meant by a good being"rival".how can we group goods according to two characteristics?要中文的解答.翻译也可以.
If a product is excludable,when one person consume the product,others are not able to consume the product at the same instance.For example,all of your private things are excludable.
If a good is rival,when some people consume the same product together,the satisfaction for any of the consumer wil be lower if they consume the good by their own.For example,the street light is considered non-rival because many people could enjoy the light without diminishing others' satisfaction.
再问: 求中文答案啊。。
再答: Come on,you are studying A-level curriculum,right?It is really a basic skill for you to read the English like this.
再问: ye~ baby, i 看不懂,OK?
If a good is rival,when some people consume the same product together,the satisfaction for any of the consumer wil be lower if they consume the good by their own.For example,the street light is considered non-rival because many people could enjoy the light without diminishing others' satisfaction.
再问: 求中文答案啊。。
再答: Come on,you are studying A-level curriculum,right?It is really a basic skill for you to read the English like this.
再问: ye~ baby, i 看不懂,OK?
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