Which of the Following Quotations Describes a Nonexcludable and Nonrival

question 6

Multiple Choice

Which of the following quotations describes a nonexcludable and nonrival good?

• A)"Mom,Ashley is looking at me."
• B)"Mom,Morgan won't let me watch the Backyardigans because she is watching Dora the Explorer."
• C)"Mom,Harrison won't let me in his room."
• D)"Mom,Taylor told me on the phone that he is also watching the Backyardigans on TV at his house,but I'm not allowed to go over there."
• E)"Mom said everyone in this house gets to enjoy the flowers in the garden."

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Definitions:

Alternative

An option or choice that serves as a substitute to a decision or course of action.

Intermediate Product

Goods that are produced and used as inputs in the production of other goods, rather than being sold directly to consumers.

Processed Further

A decision in cost accounting regarding whether or not to continue adding value to a product beyond the split-off point.

Differential Revenue

The difference in revenue expected from two different business decisions or scenarios, often considered when evaluating options.