Which of the Following Is a Nonrival Good

question 70

Multiple Choice

Which of the following is a nonrival good?

• A) a peanut butter sandwich
• B) orange juice
• C) a jacket
• D) All of these answers are correct.
• E) None of these answers is correct.

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Definitions:

Cash and Cash Equivalents

Liquid assets that can be quickly turned into exact amounts of cash with very little chance of value variation over the short term.

Treasury Bonds

Long-term government securities issued with a fixed interest rate and maturity date, typically used to finance national debt.

Brokerage Commission

The fee charged by a broker for executing transactions or providing specialized services.

Investments-Treasury Bonds

Fixed-income securities issued by a government to finance its expenditures, considered safe investments with a fixed interest rate.