The Free-Rider Problem Plagues Public Goods Because

question 81

Multiple Choice

The free-rider problem plagues public goods because

• A) public goods are not produced by profit-maximizing firms and hence can be produced only at a loss to society.
• B) once public goods are produced it is not possible to exclude anyone from consuming these goods.
• C) the government can refuse to serve a citizen.
• D) the public doesn't care about public goods.

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Definitions:

Diversity Awareness

Diversity awareness involves recognizing and appreciating the mix of differences and similarities among people, including those related to culture, ethnicity, gender, and more.

Job Dissatisfaction

A state of unhappiness or discontentment with one's job, often due to factors like poor working conditions, low pay, or lack of recognition.

Job Avoidance

A behavior or mindset where an individual tries to escape or minimize their work duties and responsibilities.

Psychological Defenses

Mechanisms employed by the psyche to protect the individual from anxiety-producing thoughts or feelings.