Which of the following is an example of a good that is nonrival and nonexclusive in consumption?
A) televisions
B) haircuts
C) pizza
D) national defense
E) tickets to a rock concert
Correct Answer:
Verified
Q14: The efficient quantity of a public good
Q15: Exhibit 16.1 Q16: A good that is rival but nonexclusive Q17: Goods that are nonexclusive are _ Q18: A good that is open-access is _ Q20: A good that is nonrival but exclusive Q21: Sally,Kelly,and Debbie are roommates deciding on how Q22: As a result of voters' rational ignorance,_ Q23: Many eligible voters who do vote do Q24: Public choice theory suggests that political candidates
A)cheap.
B)expensive.
C)low quality.
D)high
A)rival
A)the
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