Asked by Hallie Canto on May 02, 2024
Verified
A resource that is nonexcludable and rival in consumption is a
A) private resource.
B) public resource.
C) common resource.
D) government resource.
Common Resource
A resource like air or water that is not owned by anyone, cannot be easily excluded from use, and is available for use by more than one person or group.
Nonexcludable
A characteristic of a good or service that prevents individuals from being effectively excluded from its use or benefits.
- Comprehend the aspects of routine resources, including their complications and viable solutions.
Verified Answer
MB
Marissa BasalduMay 06, 2024
Final Answer :
C
Explanation :
Common resources are nonexcludable, meaning it's difficult to prevent anyone from using them, but they are rival in consumption, meaning one person's use diminishes another person's ability to use it.
Learning Objectives
- Comprehend the aspects of routine resources, including their complications and viable solutions.