Which of the following pairs of goods includes a good that is excludable and rival in consumption as well as a good that is excludable and not rival in consumption?
A)pizza, cable TV
B)pair of pants, clean air
C)clean air, mathematical theorem
D)basic research, fireworks display

Question

Quizplus · Accepted Answer

Pizza is a good that is excludable and rival in consumption, meaning that its consumption by one person prevents the consumption of the same pizza by another person, and it is possible to exclude someone from consuming it. Cable TV is also excludable, but it is not rival in consumption, meaning that one person's consumption of cable TV does not prevent another person from also consuming it.

Which of the Following Pairs of Goods Includes a Good