Free riding
A) is possible if the consumption of a good is characterised by excludability.
B) occurs when consumers pay too much for services provided by the government.
C) is characteristic of private goods.
D) is possible if the consumption of a good is characterised by nonexcludability.

Question

Quizplus · Accepted Answer

Free riding occurs when individuals consume a good without paying for it, which is more feasible when the good is nonexcludable, meaning it's difficult or impossible to prevent someone from using it if they haven't paid.

Free Riding