<P> In economics , a good is said to be rivalrous or rival if its consumption by one consumer prevents simultaneous consumption by other consumers. , or if consumption by one party reduces utility / ability to use to another . A good is considered non-rivalrous or non-rival if , for any level of production , the cost of providing it to a marginal ( additional ) individual is zero . A good can be placed along a continuum ranging from rivalrous to non-rivalrous . The same characteristic is sometimes referred to as subtractable or non-subtractable . </P>
<P> In economics , a good is said to be rivalrous or rival if its consumption by one consumer prevents simultaneous consumption by other consumers. , or if consumption by one party reduces utility / ability to use to another . A good is considered non-rivalrous or non-rival if , for any level of production , the cost of providing it to a marginal ( additional ) individual is zero . A good can be placed along a continuum ranging from rivalrous to non-rivalrous . The same characteristic is sometimes referred to as subtractable or non-subtractable . </P>
when is a good or service considered to be rival in nature
when is a good or service considered to be rival in nature
its consumption by one consumer prevents simultaneous consumption by other consumers. , or if consumption by one party reduces utility / ability to use to another
its consumption by one consumer prevents simultaneous consumption by other consumers. , or if consumption by one party reduces utility / ability to use to another