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Because Public Goods Are Both Nonrival and Nonexcludable, It Is

Question 10

Multiple Choice

Because public goods are both nonrival and nonexcludable, it is possible for people to use these goods without having to pay for them. Enjoying the benefits of a good without paying for it is known as:


A) the tragedy of the commons.
B) moral hazard.
C) a positive externality.
D) free-riding.

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