An Example of a Good for Which There Is Rivalry

question 83

Multiple Choice

An example of a good for which there is rivalry in consumption is

• A)national defense.
• B)clean air.
• C)grapes.
• D)education.
• E)a radio signal transmitted through the air.

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Definitions:

Real Estate Brokers

Licensed professionals who arrange real estate transactions, putting buyers and sellers together and acting as their representatives in negotiations.

Phonebook

A printed listing of individuals' and organizations' telephone numbers, addresses, and sometimes additional information, grouped geographically.

Expense Ratios

Financial metrics that measure the efficiency of a fund by comparing the total expenses to the total assets under management.

Profits

The financial gain obtained when the revenue earned from business activities exceeds the expenses, costs, and taxes needed to sustain the activities.