A free-rider problem occurs when the
A) good is excludable.
B) good is offered at no charge.
C) good is rival.
D) good is nonexcludable.

Name: A free-rider problem occurs when the A) good is excludable. B) good is offered at no charge. C) good is rival. D) good is nonexcludable.
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Question

Quizplus · Accepted Answer

The free-rider problem occurs when a good is nonexcludable, meaning people can benefit from it without paying, leading to under-provision of the good.

A Free-Rider Problem Occurs When the