menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics-Microeconomics
  4. Exam
    Exam 16: Public Choices, Public Goods, and Healthcare
  5. Question
    When Consumption of a Good Is Nonrival and Nonexcludable, the Good
Solved

When Consumption of a Good Is Nonrival and Nonexcludable, the Good

Question 153

Question 153

Multiple Choice

When consumption of a good is nonrival and nonexcludable, the good is a


A) public good.
B) private good.
C) mixed good.
D) service.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q148: Two candidates are running for election as

Q149: Because Jess didn't have the time to

Q150: Bureaucratic overprovision of a public good could

Q151: Governments exist to<br>A) maintain property rights.<br>B) provide

Q152: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -If the good

Q154: A good or service or a resource

Q155: Rational ignorance suggests that voters will<br>A) be

Q156: When describing goods and services, what is

Q157: Government failure, when government actions lead to

Q158: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -Tom and Jerry

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines