Ask Question
Social StudiesSocial Studies
30 August, 10:36

Which of the following goods is both nonrival and nonexcludable?

A tuna in the ocean

A hot dog at a hot dog stand

The light from a lighthouse at a harbor entrance

A soccer match in a stadium

+3
Answers (1)
  1. 30 August, 10:45
    0
    Answer: The light from a lighthouse at a harbor entrance

    Explanation:

    Non-rival and non-excludable commodities lie under Pure Public Goods which means that consumption of these goods by an individual doesn't change the supply or demand for other individuals i. e. non-rival and the individual is not excluded from the consumption of this good. Hence, the light from a lighthouse is non-rivalrous and non-excludable.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of the following goods is both nonrival and nonexcludable? A tuna in the ocean A hot dog at a hot dog stand The light from a ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Apat na haligi para sa isang disente at marangal na paggawa.
Answers (1)
The earliest literate, urban civilization in the indus valley is known as
Answers (1)
When Karl Marx used the word bourgeoisie he was referring to
Answers (1)
Your class visits a local jail run by a private, profitmaking company that detains county criminals and is paid with tax revenue. Is it a public, individual, or merit good?
Answers (1)
Do you think there should be more than two parties in the US political system, or does the US system work well?
Answers (1)
New Questions in Social Studies
This is the name given to a written decision by supreme court justices that
Answers (1)
If, on average, each person fishing in your local lake catches 3.5 fish per fishing trip, with a standard deviation of 1.2, what are the mean and standard error for a sampling distribution of 30 fishing trips
Answers (1)
Economists assume that people are rational in the sense that A. they generally make the correct choices. B. they make decisions based on total, rather than marginal, variables. C.
Answers (1)
3. In February 1848, the defeated Mexicans made peace with the Americans. What did the United States get in return for leaving Mexico City and paying $ 15 million?
Answers (1)
What was one of the challenges Dr. Salk faced in his attempt to create a polio vaccine? Dr. Salk did not have enough money to pay for his research and supplies. Dr. Salk had to create one vaccine that was effective against three different viruses.
Answers (1)
Home » Social Studies » Which of the following goods is both nonrival and nonexcludable? A tuna in the ocean A hot dog at a hot dog stand The light from a lighthouse at a harbor entrance A soccer match in a stadium
Sign Up Forgot Password?