A good is nonrival if:
A) there is no way to prevent a person from consuming or using it.
B) more than one person can consume it at the same time without affecting its value to others.
C) consumption of it involves perfect rivalry.
D) consumption is completely excludable.

Question

Quizplus · Accepted Answer

A good is nonrival if it can be used or consumed by multiple individuals without diminishing its value to others. B correctly states this characteristic, while A, C, and D are incorrect.

A Good Is Nonrival If