When a Good Is Nonrival in Consumption, Then

question 87

Multiple Choice

When a good is nonrival in consumption, then:

• A)consumption by an additional individual will significantly reduce the benefits derived by others.
• B)individuals who refuse to pay for the good cannot be excluded from benefiting from it.
• C)consumption by an additional individual does not prevent others from benefiting from the good.
• D)individuals who refuse to pay for the good can be excluded from benefiting from it.
• E)the consumption of the good by an individual generates negative externalities.

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Definitions:

Formalism

A philosophical and critical framework emphasizing form over content in various arts, mathematics, and science.

Kant's Philosophy

A philosophical doctrine by Immanuel Kant emphasizing rationality, ethics, and a categorical imperative guiding moral actions.

End Justifies

A philosophical principle suggesting the morality of an action can be determined by its outcome or intended result.

Means

Methods or ways employed to achieve a certain end or goal.