The free rider problem refers to people who A. Will only consume a public good if it is free. B.
For efficiency’s sake, should be allowed to consume public goods (such as mass transit) even if
they do not pay. C. Will not voluntarily pay for a public good even though they would benefit
from its provision. D. Are not willing to pay for a public good because they lack information
about its potential benefits.
Solution
C. Will not voluntarily pay for a public good even though they would benefit from its provision.
The free rider problem happens in the case of public goods due to its two distinguished features
such as nonrivalary and nonexcludability..
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
The free rider problem refers to people who A. Will only consume a p.pdf
1. The free rider problem refers to people who A. Will only consume a public good if it is free. B.
For efficiency’s sake, should be allowed to consume public goods (such as mass transit) even if
they do not pay. C. Will not voluntarily pay for a public good even though they would benefit
from its provision. D. Are not willing to pay for a public good because they lack information
about its potential benefits.
Solution
C. Will not voluntarily pay for a public good even though they would benefit from its provision.
The free rider problem happens in the case of public goods due to its two distinguished features
such as nonrivalary and nonexcludability.
