Asked by Jasmine Gardiner on Jul 25, 2024
Verified
A radio signal broadcast through the air is ________ in consumption, and listeners are ________.
A) rival; excludable
B) nonrival; excludable
C) nonrival; nonexcludable
D) rival; nonexcludable
Nonrival
A good or service is nonrival if its consumption by one individual does not reduce its availability to others.
Nonexcludable
A characteristic of public goods: Once a good is produced, no one can be excluded from enjoying its benefits.
- Discern the properties of public goods and the obstacles encountered with their provision.
Verified Answer
PM
Priya MedurJul 25, 2024
Final Answer :
C
Explanation :
Radio signals are nonrival in consumption because one person's use does not diminish the ability of others to use it, and they are nonexcludable because it is difficult to prevent anyone from accessing the broadcast.
Learning Objectives
- Discern the properties of public goods and the obstacles encountered with their provision.