A Good Is Nonrival If

question 36

Multiple Choice

A good is nonrival if:

• A) the good does not cause rivalry between the people using the good.
• B) the good potentially creates rivalry between the people using the good.
• C) one person's use of the good reduces the ability of another person to use the same good.
• D) one person's use of the good does not reduce the ability of another person to use the same good.

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Definitions:

Undercapitalization

A situation in which a company does not have sufficient capital to conduct normal business operations and promote growth.