Answer to Question #126610 in Microeconomics for taylor

Question #126610
Are common resources excludable? Are they rival in consumption?
1
Expert's answer
2020-07-17T12:46:41-0400

Common resources are not excludable. It is because no one can prevent people who have not paid for them from accessing them. Common resources are not rival in consumption. It is because no one, in particular, claims their ownership. 


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