When a good is rival in consumption,
A) one person's use of the good diminishes another person's ability to use it.
B) people can be prevented from using the good.
C) an unlimited number of people can use the good at the same time.
D) everyone will be excluded from obtaining the good.
Correct Answer:
Verified
Q112: Governments can improve market outcomes for
A)public goods
Q113: Table 11-3 Q114: A state-owned bridge is Q115: Table 11-3 Q116: For private goods allocated in markets, Q118: Hoa owns 40 acres of land. Hoa Q119: A television broadcast is an example of Q120: Both public goods and common resources are Q121: If a highway is congested, then use Q122: Because of the free-rider problem,
A)always a public good,
A)prices guide
A)rival
A)private markets tend
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