Question

A free rider is Group of answer choices Someone who only purchases resold goods or only uses items they can get for free. Someone who consumes a public good but does not pay for it. Someone who resells items they have purchased. Someone who gives away items they have purchased.

Answer 1

A free rider is option(b) i.e, Someone who consumes a public good but does not pay for it.

What is meant by the free rider?

A free-rider problem is a form of market failure that happens when those who use resources, public commodities, or communal services underpay for them or do not pay for them at all. Free riders are an issue because they might still access or utilize the goods even though they aren't paying for them.

For instance, soliciting donations in a museum or garden. The donation sums would assist in paying for the garden/museum even if there would still be free riders.

Free riding hinders traditional free-market techniques of producing and consuming goods and services. Because individuals can still benefit from a shared resource even if they don't participate, free riders have no reason to do so.

To know more about free riders refer to:  https://brainly.com/question/25800077

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