Which of the Following Is Not an Example of a Free

question 59

Multiple Choice

Which of the following is not an example of a free rider problem?

• A)Sally listens to public radio but never contributes to her local station.
• B)Fred benefits when the National Guard arrives to help create a flood wall around his town, but he is so poor that he pays no taxes.
• C)Joe works with two other students on a group project for his intermediate microeconomics class. The grade is based on a group paper, but Joe goes to a movie instead of working on the paper because he knows that the other group members will write it without him.
• D)John goes into his local corner shop and walks out with an apple without paying for it.

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Definitions:

Capital Goods

Long-lasting goods that are used in the production of other goods or services.

Bank Tellers

Individuals employed by banks to assist customers with routine transactions like withdrawing or depositing money, among other services.

ATMs Spread

The spread of ATMs refers to the increasing availability and distribution of Automated Teller Machines across different locations, making financial transactions more accessible.

Demand for Bank Tellers

The need or desire for the services provided by bank tellers, which can be influenced by factors like economic conditions and technological advancements.