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The benefits of public goods are available to all and are not only restricted to one particular consumer. For example, if a person eats a chocolate or wears a shirt, these will not be available to others. It is said that this person’s consumption stands in rival relationship to the consumption of others. However, if we consider a public park or measures to reduce air pollution, the benefits will be available to all. One person’s consumption of a good does not reduce the amount available for consumption for others and so several people can enjoy the benefits, that is, the consumption of many people is not ‘rivalrous’.
_____________ is applicable to all the computers?
Which of the following is not one of the states of the computer?
The quality of an MP3 file depends largely on the .......................................... .
The Internet utilizes the TCP/IP protocol and is accessed using a computer modem or network that is connected through an ISP . What is th...
Which Function key is commonly used to access the boot menu during computer startup to select a boot device, like a USB drive or CD/DVD?
Which of the following is a computer-based application for the exchange of messages between users?
What is the shortcut key to switch apps in browser ?
What is Solaris?
Which layer transmits data between the systems by ‘packet’ level?
A physical connection between the microsprocessor memory and other parts of the microcomputer is known as