Which of the Following Is the Best Description of a "Free

question 70

Multiple Choice

Which of the following is the best description of a "free rider"? Someone who

• A)pays for a good but does not receive any benefit from the good.
• B)receives the benefit of a good without having to pay for it.
• C)does not produce any goods but is able to consume them.
• D)consumes a good until the marginal benefit received from the last unit is zero.
• E)consumes a good until the marginal benefit received from the last unit is equal to the marginal cost of producing the good.

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Definitions:

Plaintiff

The party who initiates a lawsuit against another party (the defendant) in a court of law.

Defendant

An individual, company, or institution being sued or accused in a court of law.

Impartial Jury

A jury that is unbiased and without prejudice, chosen to ensure a fair and just trial by providing an objective judgement.

District Court

is a type of court of the United States federal court system, where trials and lawsuits are initially filed and heard.