A free-rider problem exists when a good that has the following characteristic?
A) Rivalry in consumption.
B) Elastic demand.
C) Inelastic demand.
D) Nonexcludable.

Name: A free-rider problem exists when a good that has the following characteristic? A) Rivalry in consumption. B) Elastic demand. C) Inelastic demand. D) Nonexcludable.
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Quizplus · Accepted Answer

The free-rider problem occurs with nonexcludable goods, where individuals cannot be prevented from using the good, leading them to benefit without paying for it.

A Free-Rider Problem Exists When a Good That Has the Following