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duo21 duo21
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A year ago
Which of the following is the best description of a "free rider"? Someone who

▸ pays for a good but does not receive any benefit from the good.

▸ does not produce any goods but is able to consume them.

▸ consumes a good until the marginal benefit received from the last unit is equal to the marginal cost of producing the good.

▸ receives the benefit of a good without having to pay for it.

▸ consumes a good until the marginal benefit received from the last unit is zero.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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LondonLondon
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A year ago
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