The fact that Victoria's consumption of national defence does not preclude Tasmania from consuming the same national defence is an example of
A) the rival nature of consumption.
B) a good that is nonrival in consumption.
C) a private good.
D) excludable goods.
E) a common resource.
Correct Answer:
Verified
Q15: A good is nonrival if
A) only the
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
Q20: A good or resource is excludable if
A)
Q21: Why are private firms unable to produce
Q22: Voters typically have information only about issues
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