Question

A product is considered to be rivalrous if

A) Your consumption of the product reduces the quantity available for others to consume.
B) It is jointly owned by all members of a community.
C) You cannot keep those who did not pay for the item from enjoying its benefits.
D) You can keep those who did not pay for the item from enjoying its benefits.

Answer 1

The correct answer is choice A.

The definition of a rivalrous product is when the consumption of a good or service prevents the simultaneous consumption by another consumer, or reduces the the quantity available for consumption by other consumers. Choice A - your consumption of the product reduces the quantity available for others to consume meets this definition.