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Excludability

Excludability 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. See Private goods and...

Private Goods

Private goods Private goods is a term used on goods that are both excludable and rivalrous (see also rivalry and excludability), and hence tradeable in the marketplace such as clothes or food. See also  Common goods. ECO-FASHION-DENIM AND DIAGRAMS DICTIONARIES...