The Free-Rider Problem

question 160

Multiple Choice

The free-rider problem

• A) forces the supply of a public good to exceed its demand.
• B) results in common resources becoming natural monopolies.
• C) explains why many local governments supply public goods.
• D) results in public goods becoming private goods.

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Definitions:

Mentally Rehearsing

Mentally rehearsing involves practicing an activity or visualizing a performance in the mind without physical execution, to improve skill or prepare for actual performance.

Forgiveness

The process of letting go of resentment, anger, or claims against another individual or oneself for perceived offenses.

Perspiration Levels

The amount of sweat produced by the body, which can vary based on temperature, physical exertion, or stress.

Blood Pressure

The force exerted by circulating blood upon the walls of blood vessels, typically measured to assess heart health.