What term describes a good or service that cannot be divided and for which the exclusion principle is applicable?

Choose the correct answer

Explanation

A good or service that is indivisible and to which the exclusion principle applies is known as a private good. The exclusion principle means that individuals can be prevented from using the good if they do not pay for it, which is characteristic of private goods.

What term describes a good or service that cannot be… — Agricultural economics | PakQuizHub