What Does Non Rivalrous Mean?

What Does Non Rivalrous Mean?

Non-rivalry means that consumption of a good by one person does not reduce the amount available for others. Non-rivalry is one of the key characteristics of a pure public good.

What is non-rivalrous?

(adjective) A good whose consumption by one consumer does not prevent simultaneous consumption by other consumers.

What is meant by a non-rivalrous good?

Public goods that are consumed by people but whose supply is not affected by people's consumption. Home › Resources › Knowledge › Economics › Non-Rivalrous Goods.

Marcus Vance
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Marcus Vance

Marcus Vance is a cybersecurity auditor and technology writer dedicated to educating the public about online safety, data privacy regulations, enterprise security, and emerging cyber threats.