Because of the free-rider problem,

a. poverty has increased.

b. the federal government spends too many resources on national defense and not enough resources on medical research.

c. private markets tend to undersupply public goods.

d. fireworks displays have become increasingly dangerous.

Question

Giana Mclean

Business

28 July, 23:06

Because of the free-rider problem,

a. poverty has increased.

b. the federal government spends too many resources on national defense and not enough resources on medical research.

c. private markets tend to undersupply public goods.

d. fireworks displays have become increasingly dangerous.

+3

Answers (1)

Know the Answer?

Ashley Huffman · Answer 1

c. private markets tend to undersupply public goods

Explanation:

Because of the free-rider problem, private markets tend to undersupply public goods

Because of the free-rider problem,a. poverty has increased.b. the federal government spends too many resources on national defense and not enough resources on medical research.c. private markets tend to undersupply public goods.d. fireworks displays have become increasingly dangerous.

Because of the free-rider problem,

a. poverty has increased.

b. the federal government spends too many resources on national defense and not enough resources on medical research.

c. private markets tend to undersupply public goods.

d. fireworks displays have become increasingly dangerous.