A good or service that is rival but nonexcludable is called a

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A good or service that is rival but nonexcludable is known as a commons good. An example of a commons good is a fishery in the ocean where anyone can fish, but if too many people fish, the resource becomes depleted. The resource is rival because as more people fish, there are fewer fish for others to catch, but it is nonexcludable because it is difficult to prevent people from fishing.

A Good or Service That Is Rival but Nonexcludable Is