Access to the movie "Casablanca," showing in a half-empty theater, is
A) a rival good because other movies are available in other theaters.
B) a rival good because it is used up as it is seen. It is not enjoyed as a whole all at once.
C) a rival good because individuals were willing and able to pay a positive amount to get in to the theater.
D) a non-rival good because no other movie is available in that theater.
E) a non-rival good because when a new viewer enters the theater, there is not less of the movie for everybody else.
Correct Answer:
Verified
Q114: Access to the movie "Casablanca," showing in
Q115: The city of Econoville has 100 residents
Q116: The provision of an education in public
Q117: The marginal social cost and private cost
Q118: A lighthouse is a public good:
A) because
Q120: Corn flakes are:
A) a rival good because
Q121: The operation of large trucks in Econoville
Q122: The city of Econoville currently does not
Q123: Mr. Barnes has a monopoly in the
Q124: Ms. Moneynickel has a monopoly in oil
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents