A painting by Monet displayed in a museum is: a. excludable but not rival. b. rival but not excludable. c. both rival and excludable. d. neither rival nor excludable
A painting by Monet displayed in a museum is: a. excludable but not rival. b. rival but not excludable. c. both rival and excludable. d. neither rival nor excludable
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter13: Positive Externalities And Public Goods
Section: Chapter Questions
Problem 8SCQ: Are the following goods non-rival in consumption? slice of pizza laptop computer public radio ice...
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A painting by Monet displayed in a museum is:
a. excludable but not rival.
b. rival but not excludable.
c. both rival and excludable.
d. neither rival nor excludable.
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