The fact that Sha's enjoyment of a sunset on Saint Simon's Island does not preclude Lou from enjoying the sunset is an example of
A) a good that is nonrival.
B) a good that is excludable.
C) a private good.
D) the rival nature of consumption.
E) a common resource.

Question

Quizplus · Accepted Answer

The fact that both Sha and Lou can enjoy the sunset on Saint Simon's Island simultaneously without diminishing the enjoyment of the other is an example of a nonrival good. A nonrival good is a good for which consumption by one person does not reduce the availability of the good to others. In this case, the sunset is a nonrival good because Sha's enjoyment of it does not reduce the availability of the sunset for Lou to enjoy.

The Fact That Sha's Enjoyment of a Sunset on Saint