Asked by shakif seymour on Apr 26, 2024
Verified
Why is cable TV reception regarded as a club good?
Cable TV
A system of delivering television programming through coaxial or fiber-optic cables directly to subscribers' premises.
Club Good
A type of good that is excludable but non-rivalrous, meaning people can be prevented from using it, but one person's use does not reduce its availability to others.
- Examine the specifics of items regarding their capability for exclusion and their competitive nature during use.
Verified Answer
IM
Idalia MoralesMay 01, 2024
Final Answer :
Cable TV reception is excludable, because the supplier can prevent the signal from being received by any particular customer. Cable TV reception is not rival in consumption, because one customer's reception of programming does not reduce the ability of other customers to receive the programming.
Learning Objectives
- Examine the specifics of items regarding their capability for exclusion and their competitive nature during use.