A natural monopoly good is
A)nonrival.
B)excludable.
C)rival.
D)nonexcludable.
E)both A and B.

Name: A natural monopoly good is A)nonrival. B)excludable. C)rival. D)nonexcludable. E)both A and B.
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Question

Quizplus · Accepted Answer

A natural monopoly good is both nonrival and excludable. Nonrival means that one person's consumption of the good does not prevent another person from consuming the same good. Excludable means that the producer can prevent people from consuming the good if they do not pay for it.

A Natural Monopoly Good Is