Which of the following terms refers to the situation where one person's consumption doesn't reduce the amount available for others?
A) Non-consumption.
B) Non-excludable.
C) Non-rival.
D) Externalities.
Correct Answer:
Verified
Q24: Which of the following is true concerning
Q25: If the government imposes a tax on
Q26: What does the term non-rival mean?
A)It refers
Q27: What is a private good?
A)A good whose
Q28: Which of the following terms refers to
Q30: Which of the following statements is true
Q31: What does the term non-excludable mean?
A)It means
Q32: Military defense is a:
A)Rival good
B)Excludable good
C)Quasi-public good
D)Public
Q33: What is a public good?
A)A good provided
Q34: All of the following,except one,are methods by
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