A situation in which a single individual can provide a public good is known as
A) a monopoly.
B) the volunteer's dilemma.
C) eminent domain.
D) diffusion of responsibility.
B
Economics
You might also like to view...
Suppose that the money multiplier is 3. If the monetary base increases by $1 million, the quantity of money will
A) increase by $3 million. B) increase by $333,333. C) decrease by $3 million. D) decrease by $333,333.
Economics
What is one reason the eBay seller reputation system is important?
A) eBay transactions tend to be isolated, one-off transactions. B) eBay transactions tend to be repeat sales between the same seller and buyers. C) eBay transactions often involve stolen products. D) eBay transactions require a larger percentage than, say, Amazon transactions.
Economics