Question

If one’s consumption of a good does not diminish the quantity of good available for consumption by someone else, the consumption is__________.

A Rival Correct Answer Incorrect Answer
B Excludable Correct Answer Incorrect Answer
C Non-rival Correct Answer Incorrect Answer
D Non-excludable Correct Answer Incorrect Answer
E Both C and D Correct Answer Incorrect Answer

Solution

If one’s consumption of a good does not diminish the quantity of good available for consumption by someone else, the consumption is non-rival.

Practice Next
×
×