Coffee is excludable and rival because it is no longer available once consumed and you can limit how many people can access it (for example, by requiring payment for a cup of fresh coffee.
Timber is rival because it can be used once (for example to build something) and it is non-excludable, as anyone can access a forest or tree.
Netflix is excludable and non-rival because an essentially unlimited number of people can access it at the same time, but it is limited to those who pay a membership fee.
Light houses are non-rival and non-excludable because anyone in the surrounding area can use them, and you cannot be blocked from seeing the light.
1
2
Question 1 of 2
1. Question
Question 2 of 2
2. Question
Login
Accessing this course requires a login. Please enter your credentials below!
