Which of the following is a rival good that is nonexcludable?
A)public good
B)private good
C)common resource
D)none of the above

Question

Which of the following is a rival good that is nonexcludable?
A)​public good
B)​private good
C)​common resource
D)​none of the above

Quizplus · Accepted Answer

A common resource is a rival good because its use by one individual diminishes the amount available for others, but it is nonexcludable because it is difficult, costly, or impossible to exclude people from using it. Examples of common resources include fish in the ocean or clean air.

Which of the Following Is a Rival Good That Is