Solved

A Collective-Action Problem Is a Situation in Which

Question 41

Multiple Choice

A collective-action problem is a situation in which:


A) a group of people stand to gain from an action that is not rational for any of the members to undertake individually.
B) people are often reluctant to voluntarily pay for goods and services that provide benefits for everyone,even for those who don't pay.
C) people are reluctant to voluntarily pay for goods and services because they believe their individual contribution will not make a difference.
D) a small group of individuals gains power that sways the decisions of society to their personal gain at the expense of the larger society.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents