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A Good Is Considered Nonrival-In-Consumption If

Question 122

Multiple Choice

A good is considered nonrival-in-consumption if


A) many individuals can share in the consumption of the same unit of the good.
B) the consumption of the good by one individual lowers the amount available for others.
C) even nonpaying customers can receive the full benefit from the good.
D) its production is financed through tax revenue rather than market prices.

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