A free rider is one who enjoys the benefits of a public good without paying for it.
Correct Answer:
Verified
Q21: Education is subsidized because it generates beneficial
Q22: An industry that generates detrimental externalities will
Q23: A public good has the quality of
Q24: Imposing fines on companies that contribute heavily
Q25: If a firm's activities generate detrimental externalities,
Q27: A private good is characterized by excludability
Q28: Most Americans would voluntarily support defense without
Q29: Government can deal with externalities through the
Q30: Low interest rates will persuade corporations to
Q31: There is no way that externalities can
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents