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The Free Rider Problem and the Tragedy of the Commons
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The Free Rider Problem and the Tragedy of the Commons
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8. The Types of Goods / The Free Rider Problem and the Tragedy of the Commons / Problem 8
Problem 8
What is the free rider problem?
A
A situation where individuals can benefit from resources without paying for them.
B
A situation where resources are overused due to lack of ownership.
C
A situation where the government provides all public goods.
D
A situation where private markets efficiently supply public goods.
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