Author Question: A free rider in economic theory is someone who does not contribute toward covering the cost of goods ... (Read 124 times)

Mollykgkg · **on:** Jun 29, 2018

A free rider in economic theory is someone who does not contribute toward covering the cost of goods which he desires because he

A) has a comparative advantage in defraying the cost of other goods.
B) knows his paying or not paying will make no difference in their availability to him.
C) regards all such costs as deadweight costs.
D) regards all such costs as transaction costs.

Question 2

Mergers between companies that previously existed in a supplier-buyer relationship are called

A) conglomerate mergers.
B) diagonal mergers.
C) horizontal mergers.
D) vertical mergers.