The free-rider problem can arise when consumption of a good is
A) rival.
B) excludable.
C) nonrival but excludable.
D) nonexcludable.

Name: The free-rider problem can arise when consumption of a good is A) rival. B) excludable. C) nonrival but excludable. D) nonexcludable.
Brand: Quizplus
Rating: 4.8 (39 reviews)

Question

Quizplus · Accepted Answer

The free-rider problem occurs when a good is nonexcludable, meaning people cannot be prevented from using it, leading to individuals benefiting without contributing to its cost.

The Free-Rider Problem Can Arise When Consumption of a Good