Which of the following goods is nonrival and nonexcludable?
fireworks show
hamburger
textbook
automobile
The good that is nonrival and nonexcludable from the options provided is a fireworks show.
Nonrival means that one person's consumption of the good does not reduce the availability of the good for others. In the case of a fireworks show, many people can enjoy the display simultaneously without diminishing the experience for others.
Nonexcludable means that it is difficult or impossible to prevent people from enjoying the good. Once a fireworks show is happening, it is hard to exclude people from watching it.
In contrast, hamburgers, textbooks, and automobiles are rival and excludable goods, as their consumption by one person reduces the availability for others, and access can