Television programs are nonrival because:
A) the supplier cannot prevent consumption by people who do not pay for it.
B) more than one person can consume the same unit of the good at the same time.
C) individuals ignore the effect their use has on the amount of the resource remaining for others.
D) the market suffers from inefficiently low consumption.
Correct Answer:
Verified
Q1: An example of a public good is:
A)a
Q2: Which of the following goods best fits
Q2: A(n)_ is nonexcludable and nonrival in consumption.
A)private
Q4: Which of the following goods best fits
Q7: A private good is:
A)excludable and rival in
Q10: A(n)_ is excludable and rival in consumption.
A)private
Q10: Which of the following goods is most
Q11: An artificially scarce good is a good
Q13: A good is most likely to be
Q18: Whether or not they pay for them,
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