Question:

What does excludability mean for goods and services? The

Last updated: 7/9/2022

What does excludability mean for goods and services?  The

What does excludability mean for goods and services? The good or service is subject to the free-rider problem. The good or service has a higher social cost than private cost. An excludable good or service's availability to one consumer can be affected by another consumer. An excludable good or service's availability is dependent on payment.