When a good is nonrival in consumption, it means the marginal cost of any individual's consumption is zero.False
Correct Answer:
Verified
Q182: A movie DVD is a private good,
Q182: For a public good, the marginal social
Q183: Since individuals ignore the effect their use
Q184: The efficient price for a good that
Q185: Any road without a toll can be
Q188: For a public good, the marginal social
Q189: In a market economy, goods that are
Q190: A low voter turnout in an election
Q191: To ensure efficient use of a common
Q192: The problem with public goods is similar
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents