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When Jenn Williams joined Conrad Inc.as a business analyst,she was very happy with her job profile and the pay package.However,one year into the job has made her realize that this is not her cup of tea.While she has a good relationship with her coworkers and her supervisors are understanding,she feels that her hard work often goes unnoticed.Being an ambitious person herself,this lack of acknowledgment is unsettling.Which one of the following is most likely to be true in this scenario?
Free-rider Problem
A situation in which some individuals consume more than their fair share of a public resource, or shoulder less than a fair share of the costs of its production, without contributing to its provision.
Market Failure
A situation where the allocation of goods and services by a free market is not efficient, often leading to a net social welfare loss.
Pollution
The introduction of harmful substances or products into the environment, leading to adverse effects on human health, ecosystems, or buildings.
Deadweight Loss
The decline in economic productivity that happens when a good or service does not reach or cannot reach its equilibrium.
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