Digital music is an example of a:
A) private good
B) public good.
C) common resource.
D) nonrival private good.

Question

Quizplus · Accepted Answer

Digital music is a nonrival private good because it can be consumed by multiple individuals without diminishing the quality or quantity of the good for others. It is also a private good because it is excludable and individuals can choose to purchase access to the music, whereas public goods are nonexcludable and available to everyone.

Digital Music Is an Example of A