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Someone Who Does Not Contribute Toward Covering the Cost of a Good

question 2

True/False

Someone who does not contribute toward covering the cost of a good he desires, yet cannot be excluded from receiving the good, is called a free rider.​


Definitions:

Shipbreaking

The process of dismantling an obsolete vessel's structure for scrapping or disposal.

Public Good

A product or service that is provided without profit to all members of a society, either by the government or by a private individual or organization.

Non-excludable

Characterizes goods or services that cannot easily prevent people who do not pay from consuming or using them, such as public goods.

Non-rivalrous

A characteristic of a good whereby one person's use does not diminish the utility or availability of that good for others.

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