Free Riding Is a Problem with Public Goods but Not

question 43

Multiple Choice

Free riding is a problem with public goods but not with private goods,because for the private good

• A) the good is rival.
• B) the marginal cost of production is greater than zero.
• C) the good is excludable.
• D) the good is free.

---

Definitions:

Classification

The act of organizing or arranging things into categories based on shared qualities or characteristics.

Rule

A prescribed guideline or principle that governs conduct, actions, or procedures within a particular context.

Classification

The process of organizing things into categories based on shared characteristics.

Consistent Principle

A fundamental concept that remains uniform and unchanged across different situations or applications.