Economic policy is an example of a good that is:
A)rival in consumption but nonexcludable.
B)nonrival in consumption and nonexcludable.
C)nonrival in consumption but excludable.
D)rival in consumption and excludable.

Question

Quizplus · Accepted Answer

Economic policy is nonrival in consumption because one person's use of the policy does not reduce its availability to others, and it is nonexcludable because it is available to all citizens without exclusion.

Economic Policy Is an Example of a Good That Is