SEARCH
You are in browse mode. You must login to use MEMORY

   Log in to start


From course:

Economics A Level

» Start this Course
(Practice similar questions for free)
Question:

What is a Non-Rivalry/Diminishability good?

Author: go kys



Answer:

-If one person Benefits from a Good, it is not to say the Others benefiting just as Much. Flood Defences benefitting more People will not have an effect to the Benefit of the First Person [Basically Everyone Benefits the same Amount] -This means also that the Good has no Marginal Cost - No Additional Cost to Extend the Good to 1 More Person


0 / 5  (0 ratings)

1 answer(s) in total

Author

go kys
go kys