Multiple Choice
A free- rider problem exists if
A) a firm can obtain technology at a fair price.
B) those consuming the good pay nothing for it.
C) two consumers can jointly consume a good, which lowers the price per person.
D) those consuming the good pay more than the cost of providing the good so that the producer's profits increase ("free ride") as a result of the overpayment.
Correct Answer:

Verified
Correct Answer:
Verified
Q8: For a good to be nonrival, then<br>A)
Q9: When the marginal social benefit of Good
Q10: If a good has an external benefit,
Q11: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -In the above
Q12: A good or service or a resource
Q14: A government subsidy for a good<br>A) has
Q15: If the consumption of a good decreases
Q16: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -The figure above
Q17: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -The table above
Q18: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -In the above