A good or service or a resource is rival if
A) it is possible to prevent someone from enjoying its benefits.
B) it is not possible to prevent someone from enjoying its benefits.
C) its use by one person decreases the quantity available for someone else.
D) its use by one person does not decrease the quantity available for someone else.
Correct Answer:
Verified
Q27: Public goods are I. nonexcludable.
II) nonrival.
A) I
Q28: When consumption is rival and excludable, the
Q29: Which of the following is the BEST
Q30: A good which is nonrival and nonexcludable
Q31: Nonexcludability is a feature of
A) goods but
Q33: What are the two features of a
Q34: Public goods are those for which
A) individuals
Q35: Which of the following is the BEST
Q36: A public good is _ and _.
A)
Q37: Which of the following is a characteristic
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