A good is nonrival in consumption when it
A) has either positive or negative external costs.
B) is priced at its marginal cost.
C) can be enjoyed by one person without that interfering with another's consumption.
D) is nonexcludable.
Correct Answer:
Verified
Q13: Which of the following would NOT be
Q14: Which of the following is true?
A) Public
Q15: Which of the following would be typically
Q16: In the absence of government involvement,the problem
Q17: A harbor lighthouse that guides approaching ships
Q19: Public goods and services are
A) generally paid
Q20: What distinguishes a public good from a
Q21: The problem with using voluntary contributions to
Q22: Suppose that during the pledge drive in
Q23: Every good or service that comes from
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents