A distinction between normal goods and information/knowledge is that
A)Normal goods wear out,but information/knowledge does not
B)Information/knowledge can be given or sold to many others
C)Information/knowledge is subject to diminishing returns,but physical outputs are subject to increasing returns
D)Both A and B

Question

Quizplus · Accepted Answer

A and B are correct because information/knowledge does not wear out over time and can be shared with multiple people without being depleted, unlike normal goods.

A Distinction Between Normal Goods and Information/knowledge Is That