Waec Model Questions Vol1 2018 Economics Question 24

Practice objective / multiple choice question 24 from the 2018 Waec Model Questions Vol1 Economics examination.

Waec Model Questions Vol1 2018 Economics Objective / Multiple Choice Easy Difficulty
Question 24 WAEC_MODEL_QUESTIONS_VOL1 • 2018 • ECONOMICS • objective

A lighthouse provides illumination that can be used by any ship at sea without reducing its usefulness to others, and it is impossible to exclude a ship from benefiting from the light. State whether the lighthouse is rival in consumption and whether it is excludable.

Answer Options

Correct Answer A. Non‑rival and non‑excludable
B. Rival and non‑excludable
C. Non‑rival and excludable
D. Rival and excludable
Correct Answer
A
Correct Option:
Non‑rival and non‑excludable

About This Question

This is Waec Model Questions Vol1 2018 Economics Question 24. It is one of the objective questions from the 2018 Waec Model Questions Vol1 Economics examination.

Difficulty level: Easy .

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