Both public goods and common resources are
A)rival in consumption.
B)nonrival in consumption.
C)excludable.
D)nonexcludable.

Name: Both public goods and common resources are A)rival in consumption. B)nonrival in consumption. C)excludable. D)nonexcludable.
Brand: Quizplus
Rating: 4.9 (42 reviews)

Question

Quizplus · Accepted Answer

Public goods and common resources are both nonexcludable, meaning that it is difficult to prevent people from using them. However, public goods are nonrival in consumption, while common resources are rival in consumption.

Both Public Goods and Common Resources Are