What Do Goods That Are NOT Rival in Consumption Include

question 173

Multiple Choice

What do goods that are NOT rival in consumption include

• A)both natural monopolies and public goods
• B)both public goods and common resources
• C)both common resources and private goods
• D)both private goods and natural monopolies

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Definitions:

Chemoreceptor

Sensory receptor that is sensitive to chemical stimulation—for example, receptors for taste and smell.

Thermoreceptor

Sensory receptor that detects heat.

Mechanoreceptor

Sensory receptor that responds to mechanical stimuli, such as pressure, sound waves, or gravity.

Photoreceptor

Sensory receptor that responds to light stimuli.