A good is rivalrous in consumption if
A) its consumption by one person reduces its consumption by others.
B) it can be used to satisfy many needs (as compared to just one need) .
C) it can be used to satisfy many wants (as compared to just one want) .
D) its consumption by one person increases its consumption by others.
Correct Answer:
Verified
Q147: Most economists believe that the market _
Q149: Which of the following statements is false
Q150: There are two divorce laws, A and
Q150: Adverse selection exists when
A)the parties on one
Q153: Maria lives next door to Alice. Alice
Q154: Firm X pays firm Y $345 for
Q155: If Jamal successfully and completely internalizes a
Q156: A positive externality exists and government wants
Q157: In the case of a positive externality,
Q168: If fewer cigarettes are consumed with symmetric
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