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Line 1: − Nonexcludability goods in economics are those which are used by many people. No one can exclude the use by others.+ − + + +
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Non-excludable goods in economics are goods where it is not possible for one individual or group to prevent the use of the good by other individual or group.
Among [[rival goods]], nonexcludability exists for fish found in the ocean. Among [[nonrival goods]], nonexcludability exists for mathematical discoveries.<ref>http://www.economicprincipals.com/issues/06.11.12.html</ref>
Among [[rival goods]], an example is fish found in the ocean. Among [[nonrival goods]], in example is a mathematical discovery.<ref>http://www.economicprincipals.com/issues/06.11.12.html</ref>
Goods which are non-excludable and [[nonrival good|non-rival]] are [[public goods]].
== References ==
== References ==