Since those who do not pay for the goods still get to benefit,_____ goods have _____.

Question

Quizplus · Accepted Answer

The scenario mentioned in the question is referring to free-riders, who are individuals benefiting from a public good without paying for it. Public goods are non-excludable, meaning the consumption of the good is not limited to those who paid for it. Therefore, the only suitable option in this case is (D) Public;free-riders. Option (A) does refer to the concept of joint consumption, but the term 'private goods' is not applicable in this context. Option (B) is incorrect because free-payers do not have any defined meaning in economics. Option (C) is also incorrect because public goods typically have substantial costs involved in their provision.

Since Those Who Do Not Pay for the Goods Still