A nonrival good is a good where consumption by one person does not reduce the quantity that can be consumed by others.

Question

Quizplus · Accepted Answer

This is the definition of a nonrival good. Examples include digital products like software and electronic books. A nonrival good, as the name suggests, can be consumed by multiple people without reducing the quantity that can be consumed by others. Examples of nonrival goods include radio broadcasts, software, and knowledge.

A Nonrival Good Is a Good Where Consumption by One