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non-excludable and non-rival

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non-excludable and non-rival

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non-excludable.

Public goods are non rival, non excludable.

Common goods like air are rival, non excludable.

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Non-excludability is a quality describing the nature of a good or service. Non-excludable means that the good can be simultaneously used/consumed by more than one economic actor.

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Public goods are non-excludable and non-rival in consumption whereas Private goods are excludable and rival in consumption.

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this is a good that is excludable and rivalrous

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