19. market goods\na. typically exhibit a high degree of rivalry in consumption.\nb. can be exclusively used…

19. market goods\na. typically exhibit a high degree of rivalry in consumption.\nb. can be exclusively used by one person, who can as a result own them.\neconomics 2230 - 01, - 02 (fall 2025)\nfirst exam, page four\n19. (cont.)\nc. cannot, unlike nonmarket goods, be concurrently used by many people\nd. all of the above

19. market goods\na. typically exhibit a high degree of rivalry in consumption.\nb. can be exclusively used by one person, who can as a result own them.\neconomics 2230 - 01, - 02 (fall 2025)\nfirst exam, page four\n19. (cont.)\nc. cannot, unlike nonmarket goods, be concurrently used by many people\nd. all of the above

Answer

Brief Explanations:

Market goods are rivalrous in consumption, meaning one person's use diminishes another's. They are also excludable, so one person can own and use them exclusively and they cannot be used concurrently by many in the same way non - market goods like public goods can.

Answer:

D. all of the above