A common resource is a good or service for which exclusion is _____ and that is _____ in consumption.
A)possible;rival
B)possible;nonrival
C)not possible;rival
D)not possible;nonrival

Question

Quizplus · Accepted Answer

A common resource is a good or service that is non-excludable (i.e. cannot be easily prevented or restricted) but is rival (i.e. consumption by one person reduces its availability to others). Therefore, the best choice is option C - not possible to exclude and rival in consumption. Options A and B are incorrect because they interchange the characteristics of exclusion and rivalry. Option D is incorrect because it does not fit the definition of a common resource.

A Common Resource Is a Good or Service for Which