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Determine If Each of the Products Below Displays Any of the Following

question 234

Essay

Determine if each of the products below displays any of the following characteristics:
(i) rivalry
(ii) nonrivalry
(iii) excludability
(iv) nonexcludability.
a.a freeway during peak commute hours
b.an online college course
c.infectious disease prevention
d.open source software such as Linux
e.a movie showing at Century Theatres


Definitions:

Independent Contractors

Workers who provide services to a business or individual under terms specified in a contract or agreement and are not considered employees.

Start-up Company

A young company founded to develop a unique product or service and bring it to market.

Independent Contractors

Individuals who are in business for themselves, providing goods or services to another entity as a non-employee, typically on a contract basis.

Workforce

The collective group of individuals engaged in or available for work, either in a specific area or in a particular industry or occupation.

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