If the consumption of Good A by one person does NOT decrease the quantity of Good A available for another person's consumption, then the good is said to be
A) nonrival.
B) rival.
C) nonexcludable.
D) excludable.
Correct Answer:
Verified
Q2: When government action leads to inefficiency, it
Q3: For a good to be nonrival, then
A)
Q4: Governments exist to
A) maintain property rights.
B) provide
Q5: A public choice is
A) a decision that
Q6: A good or service or a resource
Q7: If it is impossible to prevent someone
Q8: A good or service or a resource
Q9: If it is impossible or very costly
Q10: In the political marketplace, firms do all
Q11: The political market place requires all EXCEPT
A)
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