Quiz 35 answers

  1. Which statement about the public goods problem is correct ?
    individuals have an incentive to free ride
  2. A public good is defined as
    Non- excludability
  3. The “prisoners’ dilemma” illustrates that
    The pursuit of individuals internees can lead to collectively suboptimal outcome
  4. According to Mancur Olson’s Logic of Collective Action
    Small groups are better in providing good for their members than large groups
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dwrght16
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326115
Card Set
Quiz 35 answers
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