A Free Rider Problem Occurs When

question 36

Multiple Choice

A free rider problem occurs when:

• A) a faction tries to capture control of government
• B) a public good is provided by government
• C) everyone fails to work toward a common goal because they are each willing to let someone else do the work
• D) the market provides a good by making it free of charge
• E) the government offers "bailouts" to failing corporations that come at the expense of taxpayers

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Definitions:

Desirable Feature

A trait or characteristic of a product, person, or concept that is attractive and makes it preferable.

P Value

A statistical measure that indicates the probability of obtaining the observed results of a study by chance alone, often used to test hypotheses.

Correlational Study

A research method that examines the relationship between two or more variables to determine whether and how they change together.

Standard Deviation

An indicator of how much the values in a set differ or spread out.