Question 2 (1 point) Which of these is nonexcludable but rival? O a) a public good...

Question

Question

Answer 1

Answer #1

Here, option D is correct that is common property resources because they ate non excludable in nature but are rivalry also.

A public good is non excludable and nor rivalry in nature

And a private good is excludable and rivalry in nature.

So, all the option are quite irrelevant except option D.

So option D is correct.

Answer 2

Similar Homework Help Questions

Question 4 (1 point) Which statement describes a public good? a) It is rival in consumption...

Question 4 (1 point) Which statement describes a public good? a) It is rival in consumption and nonexcludable. b) It is nonrival in consumption and nonexcludable. c) It is nonrival in consumption and excludable. d) It is rival in consumption and excludable.
A(n) is excludable and rival in consumption. artificially scarce good O private good O common resource...

A(n) is excludable and rival in consumption. artificially scarce good O private good O common resource O public good
3) When a city street is not congested, it is A) a private good. B) a...

3) When a city street is not congested, it is A) a private good. B) a public good. C) rival and excludable. D) a common resource E) rival and nonexcludable.

IPLE CHOICE. Choose the one alternative that be 1) When a good is rival and excludable,...

IPLE CHOICE. Choose the one alternative that be 1) When a good is rival and excludable, it is a A) natural monopoly. B) public good. C) private good. D) common resource. E) regulated good.
69. Which of the following is the best example of a public good? a. Music downloads...

69. Which of the following is the best example of a public good? a. Music downloads b. Designer clothes c. Natural forests d. National defense 70. A street light is a ________. a. common pool resource good b. club good c. private good d. public good 71. A congested street is ________ in consumption. a. non-excludable but rival b. non-excludable and non-rival c. excludable but non-rival d. excludable and rival 72. The free-rider problem exists for goods that are ________....
Which of the following statements is (are) correct? (x) A good is nonexcludable if it is prohibitively costl...

Which of the following statements is (are) correct? (x) A good is nonexcludable if it is prohibitively costly to prevent people from using it. (y) When a good is rivalrous in consumption, it means that one person’s use of the good will not diminish another person’s ability to use it, and, as a consequence, more than one person can use the good at the same time. (z) A shirt would be considered a private good because it is excludable and...

1. If you can prevent someone from consuming a good, that good is called A. nonrival....

1. If you can prevent someone from consuming a good, that good is called A. nonrival. B. rival. C. excludable. D. a public good. E. nonexcludable. 2. To hunters, deer in the woods are an example of a A. private good. B. natural monopoly. C. public good. D. common resource. E. public resource. 3. _________ are public goods. If bureaucrats want to ensure the efficient quantity is produced, _______. A. Factories; marginal social cost must be greater than marginal cost....
What are goods that are nonexcludable and nonrival in consumption? O O public goods private goods...

What are goods that are nonexcludable and nonrival in consumption? O O public goods private goods natural monopolies common resources
1) Give an example of a public good that you consume. → Explain how it...

1) Give an example of a public good that you consume. → Explain how it is neither excludable nor rival in consumption. 2) Give an example of a club good that you consume. → Explain how it is excludable but not rival in consumption. 3) Give an example of a private good that you consume. → Explain how it is both excludable and rival in consumption. 4) Give an example of a common resource that you consume....

Answer the following questions: 1) Give an example of a public good that you consume. ...

Answer the following questions: 1) Give an example of a public good that you consume. → Explain how it is neither excludable nor rival in consumption. 2) Give an example of a club good that you consume. → Explain how it is excludable but not rival in consumption. 3) Give an example of a private good that you consume. → Explain how it is both excludable and rival in consumption. 4) Give an example of a common...