Which of the Following Is the Best Description of a "Free

question 70

Multiple Choice

Which of the following is the best description of a "free rider"? Someone who

• A)pays for a good but does not receive any benefit from the good.
• B)receives the benefit of a good without having to pay for it.
• C)does not produce any goods but is able to consume them.
• D)consumes a good until the marginal benefit received from the last unit is zero.
• E)consumes a good until the marginal benefit received from the last unit is equal to the marginal cost of producing the good.

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Definitions:

Hearsay

Evidence based on the reports of others rather than on personal knowledge, which is not admissible in court under most circumstances.

Direct Evidence

Evidence that directly proves a fact without the need for any inference or presumption.

Circumstantial Evidence

Evidence that relies on an inference to connect it to a conclusion of fact, unlike direct evidence that directly proves a fact.

Relevant Evidence

Information and facts presented in a legal proceeding that are directly related to the matter being decided and can influence the outcome.