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A view of a spectacular sunset along a private beach is an example of_______.

a a private good.
b rival but nonexcludable good.
c nonrival but excludable good.
d public good.

1 Answer

1 vote

Answer:

B. NON RIVAL but EXCLUDABLE good

Step-by-step explanation:

A good is Excludable if it can be feasibly prevented to be used by people , by efficiently excluding non paying consumers from using it . Ex: Excludable - Private Property , Non Excludable - Air Pollution

A good is Rival , if it's consumption by a consumer doesn't reduce it's availability for consumption by other consumers . Ex : Rival - Food Item , Non Rival - Voice of a Radio

A view of spectacular sunset along a private beach is : Excludable ; because of it being 'Private' - so can prevented to be accessed by non paying consumers Non Rival ; because consumption of that view by a consumer doesn't reduce its potentiality to be viewed by other people [unless its exceptionally crowded]

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