This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The free-rider problem arises (Read 92 times)

audie

  • Hero Member
  • *****
  • Posts: 532
on: Apr 19, 2019

Question 1

Because people can enjoy the benefits of public goods whether they pay for them or not, they are usually unwilling to pay for them. This is known as the


◦ drop-in-the-bucket problem.
◦ nonexcludable problem.
◦ nonrival problem.
◦ free-rider problem.

Question 2

The free-rider problem arises


◦ when people feel their contribution is so small relative to the total amount needed that it won't make a difference whether they contribute or not.
◦ when people realize they will still receive the benefits of a good whether they pay for it or not.
◦ whenever the government produces a good or service.
◦ whenever there is a surplus of the product in the market.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by audie on Apr 19, 2019

fdliggud

  • Sr. Member
  • ****
  • Posts: 366
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


audie

  • Hero Member
  • *****
  • Posts: 532
Reply #2 on: Apr 19, 2019
TY


fdliggud

  • Sr. Member
  • ****
  • Posts: 366
Reply #3 on: Apr 19, 2019
You're welcome


« previous next »
 

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

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?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

A horse and rider in dressage competition at the Olympics A horse and rider in dressage competition at the Olympics
Structures of (a) free and (b) DNA-bound forms of BamHI, with DNA shown end-on, in orange Structures of (a) free and (b) DNA-bound forms of BamHI, with DNA shown end-on, in orange
Acid deposition is a transboundary problem Acid deposition is a transboundary problem
Answer to Trig problem Answer to Trig problem
Problem Problem
Problem Problem
Video: Attention Deficit Disorder (ADD)

For a complete list of videos, visit our video library