A ________ is a person who wants to enjoy the benefits of a public good without contributing his or her marginal benefit to the cost of financing the amount made.
A) free rider
B) politician
C) price maker
D) price optimizer
Correct Answer:
Verified
Q4: Pure private goods are nonrival in consumption.
A)
Q5: Market mechanisms are unlikely to provide
A) prices.
B)
Q6: When asked to reveal their true preferences
Q7: Equilibrium in the market is where supply
Q8: The free rider problem causes less than
Q10: Summing demand curves horizontally sends market _
Q11: Public goods are characterized by
A) nonrivalness.
B) excludability.
C)
Q12: A pure private good is
A) nonrival in
Q13: When those that do not contribute to
Q14: Charging individual prices that are based on
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