If the consumption of a good decreases the quantity available for another person, the good is
A) excludable.
B) free.
C) rival.
D) pure.

Question

Quizplus · Accepted Answer

Rival goods are those where the consumption by one individual decreases the quantity available for others. This characteristic defines rivalrous goods in contrast to non-rival goods, where one person's consumption does not affect another's.

If the Consumption of a Good Decreases the Quantity Available