Resources in this category do not rival each other and are non-excludable (see also rivalry and excludability), such as an ocean fishery. Read more..
by Kenneth Lyngaas on August 5, 2016
A term meaning that it is possible to prevent potential consumers from accessing a good by (high) prices. Only excludable goods are marketable. Other types of goods are private goods, club goods, common goods, and public goods. Read more..
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