If one person uses a good and thereby diminishes the use of the good by others, the good is rival.

Name: If one person uses a good and thereby diminishes the use of the good by others, the good is rival.
Brand: Quizplus
Rating: 4.9 (35 reviews)

Question

Quizplus · Accepted Answer

This is because rival goods are those goods that can only be used or consumed by a single individual or a limited number of individuals at the same time. When one person uses the good, it reduces the availability of the good for others to use.

If One Person Uses a Good and Thereby Diminishes the Use