Asked by Yujing Huang on Apr 25, 2024
Verified
A free rider is a person who pays for a good but does not receive the benefit of it.
Free Rider
A person who receives the benefit of a good but avoids paying for it
- Discern the significance of the free-rider problem and its repercussions for efficient market performance.
Verified Answer
JO
James OttomanelliApr 27, 2024
Final Answer :
False
Explanation :
A free rider is someone who benefits from resources, goods, or services without paying for the cost of the benefit.
Learning Objectives
- Discern the significance of the free-rider problem and its repercussions for efficient market performance.