A good is nonexcludable if
A) There is no way to prevent a person from consuming or using it
B) More than one person can consume it at the same time without affecting its value to others
C) Consumption of it involves perfect rivalry
D) Consumption is completely excludable
Correct Answer:
Verified
Q16: Pigouvian subsidization
A) Involves the use of taxes
Q17: Three hundred paper mills compete in the
Q18: Three hundred paper mills compete in the
Q19: A beautiful garden that increases the value
Q20: Three hundred paper mills compete in the
Q22: A good is nonrival if
A) There is
Q23: A free rider
A) Contributes everything to a
Q24: A public good
A) Is a good that
Q25: Your neighbor likes to blast 1970's rock
Q26: A common property resource is
A) A resource
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