Asked by Marissa Aguilar on May 11, 2024
Verified
A ________ is nonrival in consumption and listeners are nonexcludable.
A) satellite radio signal
B) concert at a local indoor arena
C) radio signal broadcast through the air
D) lecture in your college's auditorium
Nonrival Consumption
A characteristic of goods where one person's consumption does not reduce availability or enjoyment of the good for others.
Nonexcludable
A characteristic of a good whereby it is not possible to prevent individuals from consuming the good once it has been provided.
Radio Signal
An electronic transmission of electromagnetic waves that can carry audio, data, or video signals.
- Analyze and discern the distinctions between goods that are rival in consumption from those that are not, and goods that can be excluded from nonpaying consumers from those that cannot.
Verified Answer
GY
Ghalia YounesMay 18, 2024
Final Answer :
C
Explanation :
A radio signal broadcast through the air is nonrival in consumption because one person's use of the radio signal does not diminish the ability of others to use it. Additionally, listeners are nonexcludable because it is difficult to prevent people from accessing the signal if they have a radio receiver.
Learning Objectives
- Analyze and discern the distinctions between goods that are rival in consumption from those that are not, and goods that can be excluded from nonpaying consumers from those that cannot.