Multiple Choice
The free-rider problem exists because
A) some goods or services are rival and leave some people without them.
B) some goods or services are excludable and cause envy for those who don't have them.
C) people must all consume the same public good and so everyone wants to pay for it.
D) private goods or services cause some people to want to take them for free.
E) people cannot be excluded from consuming public goods even if they don't pay for them.
Correct Answer:

Verified
Correct Answer:
Verified
Q26: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The figure above
Q27: A public good is _ and _.<br>A)
Q28: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -Paul and Paula
Q29: A good that is both rival and
Q30: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The above figure
Q32: A public good<br>A) is the same as
Q33: In which of the following cases does
Q34: A private good is _ and _.<br>A)
Q35: Public goods create a free-rider problem because<br>A)
Q36: A good is rival if<br>A) it has