Hamburgers are example of goods that are:
A) rival and excludable.
B) rival and nonexcludable.
C) nonrival and excludable.
D) nonrival and nonexcludable.

Question

Quizplus · Accepted Answer

Hamburgers are rival because if one person consumes a hamburger, it reduces the availability of that hamburger for others to consume. They are excludable because they can be easily withheld from those who do not pay for them (i.e., you have to pay to receive a hamburger at a restaurant or buying it from a store). Therefore, hamburgers are an example of a private good.

Hamburgers Are Example of Goods That Are