Multiple Choice
The possibility that someone can reap the benefits of being a free rider occurs
A) when negative externalities exist in the market
B) only when the market is in equilibrium
C) when positive externalities exist in the market
D) only if government is willing to subsidize the market
E) only if government actually produces the good, such as a highway
Correct Answer:
Verified
Correct Answer:
Verified
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Q22: A national park is an example of
Q23: Third parties can be unintentionally affected by
Q25: Suppose the government imposes a $2 per-unit
Q26: A free rider attempts to receive benefits
Q27: Are municipal tennis courts and municipal golf
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Q29: Markets without externalities create pollution.