A good that is rival and nonexcludable is a
A)private good.
B)public good.
C)government good.
D)regulated good.
E)common resource.

Question

Quizplus · Accepted Answer

A good that is both rival (meaning one person's use of the good diminishes another person's ability to use it) and nonexcludable (meaning it is difficult or impossible to prevent someone from using the good) is known as a common resource. Examples include fish in the ocean or public parks.

A Good That Is Rival and Nonexcludable Is a