This topic contains a solution. Click here to go to the answer

Author Question: A student is working on a group class-project where the same grade is assigned to everyone in the ... (Read 164 times)

burton19126

  • Hero Member
  • *****
  • Posts: 532
A student is working on a group class-project where the same grade is assigned to everyone in the group. He chooses to not contribute to the project. What term best describes this situation?
 a. Moral hazard
  b. Tragedy of the Commons
  c. Public good problem
  d. Free Rider Problem

Question 2

The term free rider
 a. refers to the reduction of incentives for an individual to provide effort.
  b. describes the privatization of goods and property.
  c. refers to a situation in which resources are overused and quickly exhausted.
  d. describes people who did not pay for their ship travel to the colonial US because their relatives would pay their fares once they arrived.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

srodz

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

d. Free Rider Problem.

Answer to Question 2

a. Refers to the reduction of incentives for an individual to provide effort.




burton19126

  • Member
  • Posts: 532
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


AISCAMPING

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

For a complete list of videos, visit our video library