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AP Microeconomics: Market Failure & Govt (B, C, D)

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Last update by niaelizabethbush on 01/11/2012
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AP Microeconomics  Market Failure   Govt  B  C  D
AP Microeconomics: Market Failure & Govt (B, C, D)
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to review concepts related to market failure and the role of government in preparation for the AP Microeconomics exam
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Free Flashcard From AP Microeconomics: Market Failure & Govt (B, C, D)
Question: What is a rival good?
Answer: a good for which consumption by one person reduces the amount of that good available to another person