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jkim3464 jkim3464
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A year ago
The fact that it is difficult to prevent people from using public goods once they are produced, even if they have not paid, is known as

▸ moral hazard.

▸ the over-consumption problem.

▸ adverse selection.

▸ the easy-rider problem.

▸ the free-rider problem.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
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xuelixueli
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A year ago
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jkim3464 Author
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A year ago
Correct Slight Smile TY
bahajo
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Yesterday
Smart ... Thanks!
rileyjones420
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2 hours ago
this is exactly what I needed
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