Non-rivalrous consumption refers to a situation where one person's use of a good does not diminish the ability of others to use it as well. This characteristic is typical of public goods and digital products, where consumption by one individual does not reduce availability to others.

Non-rivalrous Consumption

Non-rivalrous consumption

Public goods are non-excludable and non-rivalrous resources, meaning they can be consumed by anyone without reducing their availability to others. This characteristic often leads to market failures, as private markets struggle to provide these goods efficiently without government intervention.

public goods

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