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

Author Question: A student is working on a group class-project where the same grade is assigned to everyone in the ... (Read 3574 times)

burton19126

  • Hero Member
  • *****
  • Posts: 532
A student is working on a group class-project where the same grade is assigned to everyone in the group. He chooses to not contribute to the project. What term best describes this situation?
 a. Moral hazard
  b. Tragedy of the Commons
  c. Public good problem
  d. Free Rider Problem

Question 2

The term free rider
 a. refers to the reduction of incentives for an individual to provide effort.
  b. describes the privatization of goods and property.
  c. refers to a situation in which resources are overused and quickly exhausted.
  d. describes people who did not pay for their ship travel to the colonial US because their relatives would pay their fares once they arrived.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

srodz

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

d. Free Rider Problem.

Answer to Question 2

a. Refers to the reduction of incentives for an individual to provide effort.




burton19126

  • Member
  • Posts: 532
Reply 2 on: Jun 30, 2018
:D TYSM


ryansturges

  • Member
  • Posts: 338
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

For a complete list of videos, visit our video library