The Free-Rider Problem Applies

question 127

Multiple Choice

The free-rider problem applies

• A) to rival and excludable goods.
• B) to common resources.
• C) to nonrival and nonexcludable goods.
• D) when marginal social benefit exceeds marginal private benefit.
• E) when marginal social cost equals marginal private cost.

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Definitions:

Operant Conditioning

A process of teaching in which behavior modification occurs as a result of either encouraging rewards or imposing punishments.

Ivan Pavlov

A Russian physiologist known for his work in classical conditioning, demonstrating how stimuli can trigger conditioned responses.

Extinction

In psychology, it refers to the gradual weakening and eventual disappearance of a conditioned response.

Negative Punishment

A behavioral modification technique involving the removal of a desirable stimulus to decrease the likelihood of a behavior recurring.