An Individual Is More Likely to Be a Free Rider

question 190

Multiple Choice

An individual is more likely to be a free rider when a good is:

• A)private.
• B)nonexcludable.
• C)nonrival.
• D)artificially scarce.

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Definitions:

Office Furniture

Items and fixtures used in an office environment for working and organisational purposes, such as desks, chairs, and filing cabinets.

Straight-Line Method

A depreciation technique that allocates an equal portion of an asset's cost to each year of its useful life.

Resale Value

The estimated amount for which an asset can be sold at the end of its useful life.

Office Furniture

Furniture and related items used in offices, such as desks, chairs, and file cabinets.