Free Riders Are Not a Problem in the Market for a Private

question 111

Multiple Choice

Free riders are not a problem in the market for a private good because

• A) non- payers can be excluded from consuming the good.
• B) the good can be produced only at a positive marginal cost.
• C) the good is a rival good.
• D) the free rider will not get caught.

---

Definitions:

Beta Blockers

A class of medications that reduce blood pressure by blocking the effects of the hormone adrenaline, often used in the treatment of heart conditions.

Intraocular Fluid

Fluid within the eye, mainly comprising aqueous humor and vitreous humor, crucial for maintaining eye shape and nutrient transportation.

Incurable Eye Disease

An eye condition that cannot be completely cured or reversed, but its symptoms may be managed.

Blindness

The condition of lacking visual perception due to physiological or neurological factors.