Information AboutRivalrous |
|
In contrast, nonrival goods may be is nonrival. Nonrival, tangible objects include a beautiful scenic View or the Common Cold . Goods that are non-rival are therefore goods that can be enjoyed simultaneously by an unlimited number of consumers. Goods that are both nonrival and Non-excludable are called Public Good s. Rivalrous and Non-Rivalrous are also terms that can also be used when describing media consumption. A rivalrous media describes one that cannot be easily consumed while performing other tasks. For example, watching television or reading while driving. Whereas a Non-Rivalrous media is one that can easily be consumed and enjoyed while performing other tasks. For example, listening to the radio or engaging in conversation while driving. |
|
|