If one person’s consumption of a good diminishes other people’s use of the good, the good is said to be ?

Related Mcqs:

A private good is ?

A. rival but not excludable B. not rival but excludable C. both rival excludable D. neither rival nor excludable...

A common resource is ?

A. not rival but excludable B. both rival and excludable C. rival but not excludable D. neither rival nor excludable...

A person who regularly watches BBC television programs in the UK but fails to pay their TV licence fee is known as ?

A. excess baggage B. a free rider C. a costly rider D. a common resource E. an unwelcome rider...

A public good is ?

A. neither rival nor excludable B. rival but not excludable. C. both rival but excludable D. not rival but excludable...

A good produced by a natural monopoly is ?

A. rival but not excludable B. neither rival nor excludable C. not rival but excludable D. both rival and excludable...