👉 Excludable in the context of economics, refers to a product or service that cannot be bought or sold more than once. This concept is often used when discussing non-renewable resources like oil and natural gas, which are finite and cannot be replenished. In other words, an excludable good is one that can only be consumed once it is produced. For example, a car that costs $50,000 to produce but never gets sold because it's considered too valuable
