When a good is excludable but not rival in consumption,what is it an example of
A)a club good
B)a private good
C)a public good
D)a common resource

Question

Quizplus · Accepted Answer

A club good is characterized by the fact that it is excludable, meaning that people can be prevented from using it if they do not pay, but it is not rival in consumption, meaning that one person's use of the good does not decrease the availability of the good for others. Examples of club goods include cable TV, private golf courses, and movie theaters where people pay for admission, but their use does not directly interfere with others using the same good.

When a Good Is Excludable but Not Rival in Consumption,what