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 170 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 :)


triiciiaa

  • Member
  • Posts: 349
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

For a complete list of videos, visit our video library