5. When people can enjoy a good or service without paying for the good or service, we...
Question:
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.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Fundamentals Of Economics
ISBN: 9781133956105,9781285531847
6th Edition
Authors: William Boyes, Michael Melvin
Question Posted: