Asked by
Jonathan Sabinson
on Oct 26, 2024Verified
When Joe watches a movie on Netflix,his viewing is _____ in consumption because other people _____ able to watch the movie at the same time as Joe does.
A) nonrival;are
B) rival;are
C) rival;are not
D) nonrival;are not
Nonrival
A characteristic of a good whereby one individual's consumption of the good does not reduce its availability for consumption by others.
Netflix
An American streaming service and production company that offers a wide variety of television shows, movies, anime, documentaries, and more on thousands of internet-connected devices.
- Contrast rival goods with those that are nonrival.
- Understand the implications of goods being nonrival and/or nonexcludable on their consumption and provision.
Verified Answer
DH
Learning Objectives
- Contrast rival goods with those that are nonrival.
- Understand the implications of goods being nonrival and/or nonexcludable on their consumption and provision.