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Classifying a Good as Rival Means

Question 221

Multiple Choice
Classifying a good as rival means

Classifying a good as rival means


A) that the good is produced in a competitive market.
B) that there is a shortage of the good.
C) that when one person consumes a unit of the good no one else can consume it.
D) anyone who does not pay for the good cannot consume it.

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