If a Person Enjoys the Benefits of a Group's Collective

question 97

Multiple Choice

If a person enjoys the benefits of a group's collective efforts but does not contribute to those efforts, he or she is called a

• A)citizen.
• B)subject.
• C)free rider.
• D)lobbyist.

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Definitions:

Fixed Costs

Expenses that do not change with the level of production or sales in the short term, such as rent, salaries, or insurance premiums.

Unitised

Refers to the conversion of a product or service into quantifiable units, typically for ease of calculation, tracking, or comparison.

Special Decisions

Decisions made in unique or non-recurring situations requiring specific analysis or responses.

Annual Operating Costs

The total expenses associated with the day-to-day functioning of a business or project over one year.