Nonrivalry is defined as: If a good or service is provided to a person, it is impossible to exclude others from enjoying that good or service.

Name: Nonrivalry is defined as: If a good or service is provided to a person, it is impossible to exclude others from enjoying that good or service.
Brand: Quizplus
Rating: 4.8 (36 reviews)

Question

Quizplus · Accepted Answer

Nonrivalry means that when a good or service is consumed by one person, it does not reduce the amount available for others to consume. The definition provided describes non-excludability, not nonrivalry.

Nonrivalry Is Defined As: If a Good or Service Is