5. When people can enjoy a good or service without paying for the good or service, we...

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5. When people can enjoy a good or service without paying for the good or service, we say that the per son consuming the good or service is

&a. a moral hazard.

&b.a public good.

&c. a free rider.

&d.an adverse selection.

&e. a negative externality.

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Fundamentals Of Economics

ISBN: 9781133956105,9781285531847

6th Edition

Authors: William Boyes, Michael Melvin

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