Reference no: EM131086044
For each of the following scenarios determine whether the good is exclusive, rival, both, or neither.
A. Whale Hunting (when it is legal) is: (nonexclusive and rival, nonexclusive and nonrival, exclusive and nonrival, exclusive and rival).
B. Driving on a toll bridge during off-peak hours (when there are few cars on the bridge) is: (nonexclusive and rival, nonexclusive and nonrival, exclusive and nonrival, exclusive and rival).
C. Driving on a toll bridge during rush hour (when there are many cars on the bridge) is: (nonexclusive and rival, nonexclusive and nonrival, exclusive and nonrival, exclusive and rival).
D. A street lamp is: (nonexclusive and rival, nonexclusive and nonrival, exclusive and nonrival, exclusive and rival).
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