If the Consumption of a Good or Service by One

question 66

Multiple Choice

If the consumption of a good or service by one person does NOT decrease the quantity available for another person, the good or service is

• A) nonrival.
• B) nonexcludable.
• C) pure.
• D) free.

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Definitions:

Vintage Railroad

A term for old and often historic rail lines or companies, frequently celebrated or preserved for their cultural heritage.

Capacity

The maximum output that an entity can produce under normal conditions over a certain period of time.