Receiving a voucher for an apartment in a public housing project would be an example of a good that satisfies
A) the principle of rival consumption.
B) the definition of a public good.
C) the definition of a good with a positive externality.
D) the nonexclusion principle.

Question

Quizplus · Accepted Answer

Receiving a voucher for an apartment in a public housing project is an example of a good that satisfies the principle of rival consumption because once the voucher is used by one individual, it cannot be used by another, indicating that the consumption of the good by one person precludes its consumption by another.

Receiving a Voucher for an Apartment in a Public Housing