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A good is considered to be a rival good if

Cuba

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8 years ago

A good is considered to be a rival good if

A good is considered to be a rival good if
A) you can keep those who did not pay for the good from enjoying its benefits.
B) your consumption of the good reduces the quantity available for others to consume.
C) you cannot keep those who did not pay for the good from enjoying its benefits.
D) it is jointly owned by all members of a community.

Textbook

Economic Analysis of Social Issues

Edition: 1^st

Author: Grant

Read 233 times

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IloveChi

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#1

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Cuba Author

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#2

8 years ago

I have a major exam next week. Thank you for taking the time to answer. Problem solved.

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IloveChi

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#3

8 years ago

Wasn't so hard, referencing the textbook helped.

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