Which of the Following Goods Is Excludable and Nonrival

question 100

Multiple Choice

Which of the following goods is excludable and nonrival?

• A) food
• B) air
• C) the Internet
• D) a streetlight
• E) a two liter bottle of Mountain Dew

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Definitions:

Karl Marx

A 19th-century philosopher, economist, and revolutionary socialist who developed the theory of Marxism.

Paper Loss

indicates a loss that has occurred on paper due to a decrease in the market value of an investment, but has not yet been realized through a sale.

Stock Markets

Markets where shares of publicly held companies are issued and traded, serving as a platform for buying and selling stocks.

Milton Friedman

An influential American economist known for his strong belief in free-market capitalism and for challenging Keynesian economics.