If you consume some good,and by doing so you diminish other people's possible use of that good,we say that the good is
A)rivalrous.
B)excludable.
C)a common resource.
D)not productively efficient.
E)a public good.

Question

Quizplus · Accepted Answer

A rivalrous good is one where consumption by one person decreases the availability of the good for others. Other options don't fit the scenario described in the question. Excludable goods can be restricted by price or access, common resources are non-excludable but rivalrous, not productively efficient goods aren't necessarily related to consumption by others, and public goods are non-rivalrous and non-excludable.

If You Consume Some Good,and by Doing So You Diminish