nonmarketability
Nonmarketability refers to the characteristic of a good or service that prevents it from being bought and sold in a traditional market. This typically arises when the item cannot be easily excluded from use by non-payers or when its consumption by one person does not prevent others from consuming it.
A prime example of nonmarketability is found in public goods. These are goods that are both non-excludable
In contrast, private goods are excludable and rivalrous, making them easily marketable. For instance, a loaf