Because of the free- rider problem,
A) the public uses too little of a common resource.
B) private provision leads to the production of more than the efficient quantity of a public good.
C) private provision leads to the production of less than the efficient quantity of a public good.
D) there is an efficient allocation of resources for common resources.

Question

Quizplus · Accepted Answer

The free-rider problem occurs when individuals consume a good without paying for it or underpaying, leading to private provision producing less than the efficient quantity of a public good, as those who benefit do not fully contribute to its provision.

Because of the Free- Rider Problem