Bill owns 3 acres of beautiful wooded land.He has created a short walking trail through the woods.Because the terrain is hilly,the only safe entrance to the trail is at the front of Bill's property.When Bill decides to move to be closer to his grandchildren,he donates the land to the state with the understanding that the land will be used as a state park.Because the trail is short,only about 50 people can comfortably enjoy it.This state park is an example of a good that is
A)both rival in consumption and excludable.
B)neither rival in consumption nor excludable.
C)nonrival in consumption and excludable.
D)rival in consumption and nonexcludable.

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The Answer of Bill owns 3 acres of beautiful wooded land.He has created a short walking trail through the woods.Because the terrain is hilly,the only safe entrance to the trail is at the front of Bill's property.When Bill decides to move to be closer to his grandchildren,he donates the land to the state with the understanding that the land will be used as a state park.Because the trail is short,only about 50 people can comfortably enjoy it.This state park is an example of a good that is
A)both rival in consumption and excludable.
B)neither rival in consumption nor excludable.
C)nonrival in consumption and excludable.
D)rival in consumption and nonexcludable.

Bill Owns 3 Acres of Beautiful Wooded Land