Which of the following goods is rival in consumption and excludable?
A) a can of Coca-Cola
B) cable TV service
C) a fireworks display
D) the environment

Question

Quizplus · Accepted Answer

A can of Coca-Cola is rival in consumption because only one person can consume it at a time and it is excludable because someone can prevent others from accessing or consuming it. Cable TV service is also excludable, but it is not rival in consumption because multiple people can enjoy it simultaneously. A fireworks display is rival, but it is not excludable because it is difficult to prevent others from seeing it. The environment is neither rival nor excludable.

Which of the Following Goods Is Rival in Consumption and Excludable