For a good to be nonrival, then
A) one person's consumption of that good does not decrease another person's consumption of that good.
B) a person cannot be prevented from consuming that good even if he or she did not pay for it.
C) a person is willing to pay any price to ensure that the product is available.
D) a person is not willing to pay for the good because even without paying for it, the person can consume the good anyway.
Correct Answer:
Verified
Q1: If the consumption of Good A by
Q2: When government action leads to inefficiency, it
Q4: Governments exist to
A) maintain property rights.
B) provide
Q5: A public choice is
A) a decision that
Q6: A good or service or a resource
Q7: If it is impossible to prevent someone
Q8: A good or service or a resource
Q9: If it is impossible or very costly
Q10: In the political marketplace, firms do all
Q11: The political market place requires all EXCEPT
A)
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