Goods That Are Not Rival in Consumption Include Both

question 102

Multiple Choice

Goods that are not rival in consumption include both

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

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Definitions:

Industrial Design Act

is a law that protects the visual design of objects that are not purely utilitarian.

Copyright Act

The Copyright Act is legislation that establishes the rights of creators over their original works, including provisions for copyright protection, limitations, and the processes for enforcement.

Copyrighted

A form of intellectual property law that grants the creator of original works exclusive rights for its use and distribution.

Copyright Holder

The individual or entity that legally possesses the exclusive rights to reproduce, distribute, perform, or display a specific work.