You bought a subscription for an online magazine and shared your log-in details with a friend.Your friend is a ________ in this case.
A) free-rider
B) rent seeker
C) speculator
D) hedger

Question

Quizplus · Accepted Answer

A free-rider is someone who benefits from a good or service without paying for it. Sharing login details with a friend means they can access the online magazine without paying for their own subscription, making them a free-rider. The other options (B) rent seeker, (C) speculator, and (D) hedger do not accurately describe the situation. Rent seekers seek to gain advantages through government intervention, speculators invest in high-risk assets to make a profit, and hedgers use financial tools to manage risk.

You Bought a Subscription for an Online Magazine and Shared