Define nonrival. nonrival synonyms, nonrival pronunciation, nonrival translation, English dictionary definition of nonrival. adj economics capable of being enjoyed or consumed by many consumers simultaneously and therefore without rivalry, eg cable telev
Certain goods, such as a bottle of beer or a designer t-shirt, are subject to consumption rivalry. If someone drinks the bottle or buys the t-shirt, it is no longer available for anybody else to consume. Because these types of goods can only be used by one person, competition to purch...