question archive How does an additional individual's consumption of a good that is nonrival-in-consumption, such as a radio broadcast, affect the amount of the good available to other consumers: a
Subject:MarketingPrice:2.88 Bought18
How does an additional individual's consumption of a good that is nonrival-in-consumption, such as a radio broadcast, affect the amount of the good available to other consumers:
a. The amount available to others will decline,
b. The amount available to others will increase,
c. The amount available to others is unaffected,
d. The amount available to others is eliminated.
The correct option c. The amount available to others is unaffected.
A non-rival product is a product whose consumption by one does not reduce its availability to others. For example, just because one person listens to the radio does not mean fewer people can listen to it. The radio broadcast is designed in a way that any number of people can use it.