A free-rider problem occurs when the
A) good is excludable.
B) good is offered at no charge.
C) good is rival.
D) good is nonexcludable.
D
Economics
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Refer to the figure above. The MSB curve lies to the right of the demand curve because the production of Good Y involves ________
A) positive externalities B) negative externalities C) increasing returns to scale D) decreasing returns to scale
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The principle of comparative advantage helps explain trade between nations
a. True b. False Indicate whether the statement is true or false
Economics