If a good is both nonexcludable and rival in consumption, then it is .
A. a private good
B. a club good
C. a common resource
D. public good
For unlimited access to Homework Help, a Homework+ subscription is required.
36) When a good is nonrival and nonexcludable, it is a A) common resource (B) public good. Riccel C) private good D) natural monopoly. E) regulated good. Nonka
31. National defense is typically considered a: (a) common resource because it is not rival in consumption and it is not excludable. (b) public good because it is not rival in consumption and it is not excludable. (c) public good because it is rival in consumption and it is not excludable. (d) common resource because it is rival in consumption and it is not excludable.