Asked by Achera Weaver on Apr 26, 2024
Verified
A free-rider is someone who receives the benefit of a good but avoids paying for it.
Free-Rider
An individual who benefits from resources, goods, or services without paying for the cost of the benefit.
- Comprehend the issues associated with the free-rider problem and their influence on market operations.
Verified Answer
ST
Shelbiuna TrevillionApr 27, 2024
Final Answer :
True
Explanation :
A free-rider is indeed someone who benefits from resources, goods, or services without paying for the cost of the benefit, which is common in public goods scenarios where exclusion of non-payers is difficult.
Learning Objectives
- Comprehend the issues associated with the free-rider problem and their influence on market operations.