Fill This Form To Receive Instant Help
Homework answers / question archive / Goods are rival if: (a) It is not possible to prevent an individual from using the good
Goods are rival if: (a) It is not possible to prevent an individual from using the good. (b) It is possible to prevent an individual from using the good. (c) The quantity of the good is affected by the price a consumer pays for the good. (d) Consumption of a good by one person decreases consumption by another person.
The answer is (d). Answer (a) and (b) is about whether a good is excludable, while answer (c) is about demand for the good.