Asked by Taylor Whitworth on May 10, 2024
Verified
A ________ is rival in consumption and viewers are excludable.
A) television signal sent by cable
B) fireworks show in a local park
C) television signal broadcast through the air
D) solar eclipse
Rival Consumption
A situation where the consumption of a good by one individual prevents simultaneous consumption by other individuals.
Excludable
A characteristic of a good or service where it's possible to prevent individuals who have not paid for it from having access.
Television Signal
The electronic waves transmitted from a broadcast station that carry audio and visual information to televisions.
- Compare and contrast goods by identifying those that are rival versus nonrival, and those that are excludable versus nonexcludable.
Verified Answer
SJ
SOPHEIAH JONES-FITZGERALDMay 13, 2024
Final Answer :
A
Explanation :
A television signal sent by cable is rival in consumption because only a limited number of people can use it at once (those who pay for the service), and viewers are excludable because the service provider can prevent non-paying individuals from accessing the content.
Learning Objectives
- Compare and contrast goods by identifying those that are rival versus nonrival, and those that are excludable versus nonexcludable.