Multiple Choice
Bill owns 3 acres of beautiful wooded land.When Bill decides to move to be closer to his grandchildren,he donates the land to the state with the understanding that the land will be used as a state park.This state park is large enough that it is not congested.It is an example of a good that is
A) both rival in consumption and excludable.
B) neither rival in consumption nor excludable.
C) nonrival in consumption and excludable.
D) rival in consumption and nonexcludable.
Correct Answer:

Verified
Correct Answer:
Verified
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