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

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When people can enjoy a good or service without paying for the good or service, we say that 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: 9780618992676

4th Edition

Authors: William Boyes , Michael Melvin

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