Question

Describe what an excludable good is and under which conditions a good would be relatively unexpensive to exclude.

Answer 1

An excludable good is nothing but a good which can actually be prevented from usage by a particular person or group of individuals and this can be adhered in the form of intellectual property rights as well and the conditions that would be relative in expensive to exclude is true getting the rights verified through the form of patents trademarks and copyrights etc. After it is registered there wouldn't be any involvement or attempts made by an organisation to to exclude the good or service as it will then be a legal constraint.