When a Good Is Rival in Consumption

question 8

Multiple Choice

When a good is rival in consumption:

• A)one person's consumption of the good prevents or decreases the ability of others to consume it.
• B)sellers can prevent people who have not paid for the good from using it.
• C)consumers have a perception that the good is scarce.
• D)the government enacts specific import policies limiting the good's supply.

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Definitions:

Ethical

Pertaining to or dealing with morals or the principles of morality; concerning right and wrong behavior.

Interpersonal Power

The ability of an individual to influence the behavior or attitudes of another individual in a social interaction.

French and Raven

Two social psychologists who are best known for developing the theory of the five bases of social power, which include reward, coercive, legitimate, referent, and expert power.

Political Skill

The ability to understand and influence others in an organizational context, often to achieve personal or organizational objectives.