Determine what kind of good the following is, based on whether it is rival or no

Question

Determine what kind of good the following is, based on whether it is rival or nonrival, and excludable or nonexcludable: cellular telephone service. rival and excludable: a private good nonrival and excludable: a club good nonrival and nonexcludable: a public good rival and nonexcludable: a common resource Determine what kind of good the following is, based on whether it is rival or nonrival, and excludable or nonexcludable: cellular telephone service. rival and excludable: a private good nonrival and excludable: a club good nonrival and nonexcludable: a public good rival and nonexcludable: a common resource

Explanation / Answer

cellular telephone service: rival and excludable: a private good

If one is having that service then it is preventing others to have it at the same time.

Secondly, it is not free. Everyone has to pay for it.

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