Each person is always better off choosing not to pay for a public good because of the free rider problem
a. True
b. False
Indicate whether the statement is true or false
True
Economics
You might also like to view...
What assumptions are made concerning wages and prices in a classical economic model?
What will be an ideal response?
Economics
Tradable emissions permits:
a. provide polluters with an incentive to take the marginal social cost of pollution into account. b. are a form of subsidy. c. give consumers an incentive to buy from environmental-friendly firms. d. are a type of transaction cost.
Economics