Which of the Following Goods Is Rival in Consumption and Excludable

question 294

Multiple Choice

Which of the following goods is rival in consumption and excludable?

• A) a tornado siren
• B) an uncongested toll road
• C) a home
• D) the environment

---

Definitions:

Context of Information

The circumstances, background, or conditions that provide meaning to a piece of information, influencing its interpretation and understanding.

Prestige of Authority

The respect and admiration that an individual commands from others by virtue of their position or status in a hierarchy.

Critical Thinking Skills

The ability to analyze facts, generate and organize ideas, defend opinions, make comparisons, draw inferences, evaluate arguments, and solve problems thoughtfully and systematically.

Either/or Proposition

A logical statement that presents two exclusive alternatives, where the acceptance of one necessitates the rejection of the other.