Author Question: The free-rider problem arises when: a. goods cease to be scarce. b. goods are produced by the ... (Read 127 times)

Metfan725 · **on:** Jun 30, 2018

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