When a good is nonrivalrous in consumption, then:
A)consumption by an additional individual will significantly reduce the benefits derived by others from a public good.
B)individuals who refuse to pay for a public good cannot be excluded from benefiting from it.
C)consumption by an additional individual does not prevent others from benefiting from a public good.
D)individuals who refuse to pay for a public good can be excluded from benefiting from it.

Question

When a good is nonrivalrous in consumption, then:
A)​consumption by an additional individual will significantly reduce the benefits derived by others from a public good.
B)​individuals who refuse to pay for a public good cannot be excluded from benefiting from it.
C)​consumption by an additional individual does not prevent others from benefiting from a public good.
D)​individuals who refuse to pay for a public good can be excluded from benefiting from it.

Quizplus · Accepted Answer

When a good is nonrivalrous in consumption, consumption by an additional individual does not prevent others from benefiting from it. This means that the consumption of the good does not decrease the amount or quality of the good available to others. Examples of nonrivalrous goods include public parks, streetlights, and knowledge.

When a Good Is Nonrivalrous in Consumption, Then