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When Comparing the Characteristics of Common Resources and Artificially Scarce

Question 100

Multiple Choice

When comparing the characteristics of common resources and artificially scarce goods, we find that:


A) they are both nonrival in consumption.
B) they are both excludable.
C) common resources are nonrival in consumption (while artificially scarce goods are not) , and artificially scarce goods are nonexcludable (while common resources are not) .
D) artificially scarce goods are nonrival in consumption (while common resources are not) , and common resources are nonexcludable (while artificially scarce goods are not) .

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