Solved

The Free-Rider Problem Occurs Because

Question 27

Essay

The free-rider problem occurs because:
a.it is easy to exclude others from consuming the good.
b.consumption is rival in nature,and the consumption of a product by one individual diminishes that available for others.
c.exclusion is costly or impossible,so that a consumer or producer can use the good without having to pay for it.
d.the consumption of a good imposes costs on others who not directly involved in the transaction.

Correct Answer:

verifed

Verified

C
Section ...

View Answer

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