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Rivalry (economics)

In economics, a good is said to be rivalrous or a rival if its consumption by one consumer prevents simultaneous consumption by other consumers, or if consumption by one party reduces the ability of another party to consume it. A good is considered non-rivalrous or non-rival if, for any level of production, the cost of providing it to a marginal…

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Rivalry

Non-rivalry

Anti-rivalry

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Rivalry (economics)

Nodes28
Edges27
Triples0
Avg. degree1.93
Density0.071429
Components1

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Important terminology

good goods non-rival rival rivalrous consumption anti-rivalrous others consume non-rivalrous rivalry use people consumer one public distinction economist marginal hammer

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