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Jonathan Sabinson
on Oct 26, 2024

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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.
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Derrick HunterNov 02, 2024
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