Multiple Choice
A free rider problem arises when
A) there are very few beneficiaries and exclusion of any one of them is possible.
B) there are many beneficiaries and exclusion of any one of them is possible.
C) there are many beneficiaries and exclusion of any one of them is impossible.
D) there are very few beneficiaries and they all try to use the good simultaneously.
Correct Answer:
Verified
Correct Answer:
Verified
Q111: Free goods are usually efficiently allocated without
Q175: Governments that chose to make endangered elephants
Q176: Both public goods and common resources are<br>A)rival
Q177: When a good is rival in consumption,<br>A)one
Q437: When a free-rider problem exists,<br>A)the market will
Q438: Seymour owns 3 acres of beautiful waterfront
Q439: Variable tolls on roads<br>A)are politically unpopular because
Q440: A mobile phone is a<br>A)private good.<br>B)club good.<br>C)common
Q443: At the local park there is a
Q445: A traffic light at an intersection is<br>A)a