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Managerial Economics · End Term · 1 Sept 2024 · May 2024 term

Managerial Economics End Term 1 Sept 2024 — Question 3

Question 3

+1 markOne correct option

A common resource is

  1. A

    rival and nonexcludable

  2. B

    nonrival and excludable.

  3. C

    nonrival and nonexcludable

  4. D

    rival and excludable

Show answer

Correct answer

  • A

    rival and nonexcludable

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Question 3 of 36 in the IIT Madras BS Managerial Economics (Managerial Economics) End Term paper sat on 1 Sept 2024, in the May 2024 term (IIT M DEGREE AN EXAM QDB3 01 Sep 2024). It carries 1 mark.

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