Because of the Free- Rider Problem

question 58

Multiple Choice

Because of the free- rider problem,

• A) the public uses too little of a common resource.
• B) private provision leads to the production of more than the efficient quantity of a public good.
• C) private provision leads to the production of less than the efficient quantity of a public good.
• D) there is an efficient allocation of resources for common resources.

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Definitions:

Socioeconomic Status (SES)

A person’s position in society as determined by income, occupation, education, and place of residence. (Sometimes called social class.)

Political Values

The set of beliefs and ideological principles that guide an individual's preferences and opinions about political policies and candidates.

Cohorts

groups of people banded together or treated as a group, often used in research to study changes across different age groups over time.

Cancer-causing Pesticides

Chemical substances used in agriculture that have been linked to the development of cancer in humans or animals.