Free Rider Behavior Is

question 99

Multiple Choice

Free rider behavior is:

• A)always irrational since the individual who free rides causes a misallocation of resources.
• B)a rational behavior in the case of public goods.
• C)more likely to cause a problem if it is provided by private firms.
• D)less likely to cause a problem if it is consumed by a large number of people.

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Definitions:

Caffeine-Free

Describes a product or substance that does not contain caffeine, a stimulant found in coffee, tea, and some soft drinks.

Dietary Laws

Guidelines and restrictions regarding what is permissible to eat according to religious or cultural practices.

Supreme Being

A term that refers to a higher power or deity, recognized in various religions as the ultimate authority or creator of the universe.

Roman Catholic

A branch of Christianity based in the Vatican and led by the Pope, characterized by its traditions, rituals, and teachings.