Which of the following is an example of a nonrival private good?
A) a radio station
B) a new episode of a cable TV show
C) interstate roadways
D) national defense

Question

Quizplus · Accepted Answer

A new episode of a cable TV show is an example of a nonrival private good because it can be enjoyed by multiple people simultaneously without diminishing the enjoyment for others. It is also a private good because access to the episode is restricted to those who have paid for access, such as through a cable subscription or streaming service.

The other options are not nonrival private goods. A radio station is nonrival but is typically a public good because it is available to anyone with a radio and cannot be restricted to only those who have paid for it. Interstate roadways are also nonrival but are typically public goods since anyone can use them and they cannot be restricted to only those who have paid for them. National defense is a public good because it is nonexcludable and nonrival.

Which of the Following Is an Example of a Nonrival