Question

Are the following goods non-rival in consumption?

a. slice of pizza

b. laptop computer

c. public radio

d. ice cream cone

Short answer

a. slice of pizza - Rivalrous.

b. laptop computer - Rivalrous.

c. public radio - Non rival.

d. ice cream cone - Rivalrous.

Step-by-step solution

Content Introduction

Even when one person utilizes a product or service, others can use it as well, making it non-rivalrous.

Explanation (part a)

Because two people can't consume the same slice of pizza at the same time, private commodities like pizza slices are competitive.

Explanation (part b)

Because multiple people cannot use a laptop computer at the same time, it becomes competitive in terms of consumption.

Explanation (part c)

Because anybody can listen to public radio, it can be listened to by a large number of people at the same time. As a result, public radio has no competition in terms of audience.

Explanation (part d)

It's difficult for two people to enjoy the same ice cream cone at the same time. Therefore, an ice cream cone is much more competitive in terms of the consumption.