Multiple Choice
Which of the following best describes what occurs when a good is nonrivalrous in consumption?
A) Consumption by an additional individual does not prevent others from benefiting from a public good.
B) Individuals who refuse to pay for a public good can be excluded from benefiting from it.
C) Consumption by an additional individual will significantly reduce the benefits derived by others from a public good.
D) Individuals who refuse to pay for a public good cannot be excluded from benefiting from it.
Correct Answer:
Verified
Correct Answer:
Verified
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