17 Dec 2021
Problem 8
Page 316
Section SELF: CHECK QUESTIONS
Chapter 13: Positive Externalities and Public Goods
Textbook ExpertVerified Tutor
17 Dec 2021
Introduction
Non-rivalrous products are ones that could be consumed by individuals and communities without influencing the accessibility of similar products.
Whenever a concert or governmental agency puts on the performance of a rocket, for instance, anyone can view it, rendering the item non-rivalrous but everyone who views this can relish the very same fireworks display. It is not only non-rivalrous but also non-excludable.
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