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

Author Question: The free-rider problem arises when: a. goods cease to be scarce. b. goods are produced by the ... (Read 60 times)

Metfan725

  • Hero Member
  • *****
  • Posts: 552
The free-rider problem arises when:
 a. goods cease to be scarce.
 b. goods are produced by the government.
 c. goods can't be provided exclusively to paying customers.
 d. the marginal benefit to a private individual outweighs the marginal cost of producing a good.

Question 2

Tariffs contribute to higher prices of textile products imported into the United States, but import quotas on textiles brought into the United States do not.
 a. True
  b. False
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

xiaomengxian

  • Sr. Member
  • ****
  • Posts: 311
Answer to Question 1

c

Answer to Question 2

False




Metfan725

  • Member
  • Posts: 552
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


irishcancer18

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Excellent

 

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

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?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

For a complete list of videos, visit our video library