A good is characterized as _____ when one person's use of the good does not reduce another person's ability to use the same unit of the good.

Question

Quizplus · Accepted Answer

A good is considered nonrival when one person's use of the good does not reduce the amount of the good available for others to use. This means that this good can be used by multiple individuals at the same time without causing any negative effects on its availability or usefulness. Examples of nonrival goods include public parks, radio broadcasts, and national defense.

A Good Is Characterized as _____ When One Person's Use