Because of the Free-Rider Problem

question 39

Multiple Choice

Because of the free-rider problem,

• A) competitive markets will tend to undersupply public goods.
• B) the federal government spends too much on national defense.
• C) fireworks displays have become increasingly dangerous.
• D) poverty has increased.

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Definitions:

Tolerance

The ability or willingness to tolerate the existence of opinions or behaviors that one dislikes or disagrees with.

Withdrawal

A psychological and physical reaction that occurs when someone stops using an addictive substance or medication on which they have become dependent.

Traffic Fatalities

Deaths resulting from accidents or collisions involving vehicles on roadways.

Alcohol

A chemical compound characterized by a hydroxyl group (-OH) attached to a carbon atom, commonly used in beverages for consumption, cleaning agents, and fuel.