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 120 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
Great answer, keep it coming :)


olderstudent

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

For a complete list of videos, visit our video library