An FM radio signal is an example of a good that is
A) private.
B) nonrival in consumption.
C) social.
D) nonexcludable in production.

Question

Quizplus · Accepted Answer

An FM radio signal is an example of a nonrival good, meaning that its consumption by one person does not reduce its availability to others. However, it is not a public good because it can be restricted (excludable) by the owner of the signal through licensing or other means. It is also not a social good because it is not produced by the government or for the benefit of society as a whole.

An FM Radio Signal Is an Example of a Good