A car purchased by you is rival because:

Name: A car purchased by you is rival because:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The fact that your use of the car makes it unavailable for others to use indicates that the car is rival. Option A is incorrect because preventing others from using the car does not necessarily mean that the car is rival. Option B is incorrect because the presence of competitors does not determine whether a good is rival or not. Option D is incorrect because nonexcludable goods are the opposite of rival goods.

A Car Purchased by You Is Rival Because