A good example of a product that is both nonexcludable and nonrivalrous is
A)grazing land.
B)public information.
C)electricity.
D)food.
E)natural gas.

Question

Quizplus · Accepted Answer

Public information is a good example of a product that is both nonexcludable and nonrivalrous. It is nonexcludable because it is difficult to prevent anyone from accessing it once it has been made public. It is nonrivalrous because the consumption of the information by one individual does not diminish its availability for consumption by another individual.

A Good Example of a Product That Is Both Nonexcludable