A good is non-rival in consumption if ________

A) one person's use of the good does not preclude consumption by others
B) the government can regulate its production
C) people cannot be prevented from using it
D) the demand for the good increases with an increase in the consumer's income

A

Economics

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In the shortrun (specific factors) model, FDI will cause _______________ in the return to capital and land and _______________ in the return to labor in the recipient country.

a. an increase; a decrease b. a decrease; an increase c. no change; an increase d. a decrease; no change

Economics

Roughly what percentage of money income was earned by the lowest 20% of income earners in the U.S. in 2010?

A) 0.8% B) 3.8% C) 6.8% D) 9.8%

Economics