A Good Is Rival If

question 36

Multiple Choice

A good is rival if

• A) it has substitutes.
• B) it is excludable.
• C) consumption by one person decreases the quantity available for another person.
• D) it can be consumed by many people simultaneously.
• E) it has no complements.

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Definitions:

Union Shop

A workplace where all employees must either join the union or pay union dues, typically after a specified period of employment.

Condition of Employment

Terms, requirements, or situations that are necessary for an individual's employment, such as qualifications or workplace policies.

Organizing Campaigns

Structured efforts, often led by unions or activist groups, aimed at building support and membership through advocacy, education, or direct action.

Union Organizers

Individuals or groups involved in forming or promoting the interests of labor unions among workers.