Rivalry And Excludability
Rivalry And Excludability

A good is rival if one person's consumption reduces the amount available to others. It is excludable if non-payers can be prevented from consuming it.
Step-by-step lessons covering Edexcel A A Level Economics 1.3.3 Public goods for A Level Economics. Each lesson works through exam-style questions in Paper 1, Paper 2 and Paper 3 format. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.