If one person's use of a good diminishes another person's enjoyment of it, the good is
A) rival in consumption.
B) excludable.
C) normal.
D) exhaustible.
Correct Answer:
Verified
Q107: Goods that are excludable include both
A)club goods
Q109: A good is excludable if
A)one person's use
Q110: The provision of a public good generates
Q312: A view of a spectacular sunset along
Q313: If people can be prevented from using
Q314: Goods that are not excludable are usually
A)higher
Q315: Excludability is the property of a good
Q320: Both private goods and club goods are
A)rival
Q321: The value and cost of goods are
Q322: Most goods in the economy are
A)club goods.
B)common
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