Which of the following statements is true?
A)If a good is nonrivalrous in consumption then it is nonexcludable, too.
B)A good can be rivalrous in consumption but not nonexcludable, too.
C)An apple is nonrivalrous in consumption.
D)Many economists maintain that the market fails to produce nonexcludable private goods.
E)none of the above

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements is true?
A)If a good is nonrivalrous in consumption then it is nonexcludable, too.
B)A good can be rivalrous in consumption but not nonexcludable, too.
C)An apple is nonrivalrous in consumption.
D)Many economists maintain that the market fails to produce nonexcludable private goods.
E)none of the above

Which of the Following Statements Is True