_____ goods are rival in consumption and nonexcludable.
A) Private
B) Public
C) Common resource
D) Rival

Name: _____ goods are rival in consumption and nonexcludable. A) Private B) Public C) Common resource D) Rival
Brand: Quizplus
Rating: 4.7 (43 reviews)

Question

Quizplus · Accepted Answer

Common resource goods are rival in consumption because one person's use of the resource reduces the amount available for others, and they are nonexcludable because it is difficult or impossible to prevent anyone from using the resource.

_____ Goods Are Rival in Consumption and Nonexcludable