A Big Mac is
A)excludable and rival.
B)nonexcludable and nonrival.
C)nonexcludable and rival.
D)excludable and nonrival.
E)a private good in North America but a natural monopoly good in other countries.

Question

Quizplus · Accepted Answer

A Big Mac is both excludable and rival. It is excludable because only the person who purchases it or is given permission by the purchaser can consume it. It is rival because once the Big Mac is consumed, it cannot be consumed by anyone else.

A Big Mac Is