Multiple Choice
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
Correct Answer:
Verified
Q172: The pollution market failure is an example
Q173: The goal of requiring licenses for hunting
Q174: Six friends decide to meet at a
Q175: Governments that chose to make endangered elephants
Q176: Both public goods and common resources are<br>A)rival
Q178: Because the benefits of basic research are
Q179: In determining whether and how much of
Q180: Goods that are rival in consumption but
Q181: In what sense is it meaningful to
Q182: Drivers have to pay a toll to