A good is nonrival if
A) only the government can produce it.
B) when you pay for the good, you are guaranteed to be the sole consumer.
C) nobody can be excluded from enjoying the benefits of the good.
D) when you consume a unit, you have not decreased the amount left for consumption by other people.
E) anybody can be excluded from enjoying the benefits of the good.
Correct Answer:
Verified
Q10: A good that is both rival and
Q11: A public good
A) is the same as
Q12: A private good is _ and _.
A)
Q13: Which of the following goods is best
Q16: A private good is
A) excludable and rival.
B)
Q17: To hunters, deer in the woods are
Q18: Which of the following goods is excludable
Q19: The fact that Victoria's consumption of national
Q20: A good or resource is excludable if
A)
Q27: If a good or resource is rival,it
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