Cable TV is an example of a:
A) private good.
B) public good.
C) common resource.
D) nonrival private good.

Question

Quizplus · Accepted Answer

Cable TV is a nonrival private good because one person's consumption of cable TV does not diminish the ability of others to consume it, and access to cable TV is restricted to those who pay for it. It is not a public good because it is not freely available to everyone, nor a common resource because it is not shared by everyone and can be excluded from those who do not pay for it.

Cable TV Is an Example of A