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

Author Question: When does the free-rider problem arise? A) when someone who benefits from a good does not have to ... (Read 177 times)

elizabeth18

  • Hero Member
  • *****
  • Posts: 559
When does the free-rider problem arise?
 
  A) when someone who benefits from a good does not have to contribute to paying for it
  B) when a firm does not have to advertise, because its customers recommend the product to their friends
  C) when policymakers ignore opportunity costs in making decisions
  D) when production of a good generates pollution

Question 2

Market supply is obtained by
 
  A) summing the amount demanded by individual consumers at various prices.
  B) summing the amount supplied by individual producers at various prices.
  C) the law of supply.
  D) observing how the supply curve shifts.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

medine

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

A

Answer to Question 2

B




elizabeth18

  • Member
  • Posts: 559
Reply 2 on: Jun 29, 2018
Excellent


scikid

  • Member
  • Posts: 300
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

For a complete list of videos, visit our video library