Multiple Choice
Public goods create a free-rider problem because
A) people do not want to consume public goods.
B) people can enjoy the good or service no matter whether or not they pay for it.
C) only people who pay for the good or service can enjoy the good or service.
D) the good or service is rival in nature.
E) the good or service is excludable.
Correct Answer:
Verified
Correct Answer:
Verified
Q30: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The above figure
Q31: The free-rider problem exists because<br>A) some goods
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)
Q36: A good is rival if<br>A) it has
Q37: Sue and Mark are the only two
Q38: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The above figure
Q39: The efficient quantity of a public good
Q40: For which type of good is it