Which of the following best describes what occurs when a good is nonrivalrous in consumption?
A) Consumption by an additional individual does not prevent others from benefiting from a public good.
B) Individuals who refuse to pay for a public good can be excluded from benefiting from it.
C) Consumption by an additional individual will significantly reduce the benefits derived by others from a public good.
D) Individuals who refuse to pay for a public good cannot be excluded from benefiting from it.

Question

Quizplus · Accepted Answer

When a good is nonrivalrous in consumption, consumption by an additional individual does not prevent others from benefiting from the good. This means that the good can be shared by many individuals without reducing the amount available or diminishing the utility derived by others. Public goods, such as national parks, are examples of nonrivalrous goods.

Which of the Following Best Describes What Occurs When a Good