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...
One of these factors includes reliable access to resources, as China has become second only to the US in energy consumption. The geostrategic nature of oil-rich regions intensifies competition for the much sought-after resource. Security is another realm of competition (manifested in US hedging ...
Competitors are often severely calorie-deprived and dehydrated due to their lack of water consumption. Since all competitors had been on an extremely strict diet during the final weeks leading up to competition day, it was also common to hear women backstage share with each other what their post...