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Maaria Ghbff
on Oct 26, 2024

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Television programs are nonrival because:

A) the supplier cannot prevent consumption by people who do not pay for it.
B) more than one person can consume the same unit of the good at the same time.
C) individuals ignore the effect of their use on the amount of the resource remaining for others.
D) the market suffers from inefficiently low consumption.

Nonrival

A characteristic of a good whereby one person's consumption does not diminish the availability of that good for consumption by others.

Television Programs

Scheduled content broadcasted on television, including series, movies, news, and other forms of entertainment or information.

  • Differentiate between rival and nonrival goods.
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CJ
Charles JansenOct 30, 2024
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