If the free-rider problem affects political advocacy, the result may be that the:

A. best ideas will always win because those supporters value the outcome the most.
B. irrelevant alternatives are eliminated from the options, increasing the efficiency of the vote.
C. best ideas will always win because free-riders are not typically supporters of relevant alternatives.
D. best ideas might not win out if lots of people fail to lend their support.


Answer: D

Economics

You might also like to view...

Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 

A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C

Economics

The root cause of the hyperinflation that plagued Zimbabwe in the 2000s is ________

A) printing of too much money by the central bank B) government expenditures greatly above revenues C) outlawing of price increases on many commodities D) allowing the use of foreign currencies E) the issuance of a $100 billion bank note

Economics

If two economists completely agree about the magnitude of employment effects of a proposed change in government policy, but disagree about whether the change is a good idea. The difference in opinion

a. must be normative in nature b. is both positive and normative in nature c. is more likely to be normative than positive d. is more likely to be positive than normative e. would be neither positive nor normative in nature

Economics

In a long-run equilibrium in a monopolistically competitive industry that produces information products, revenues are equal to the ________ costs of developing, producing, and selling the product.

A. variable B. fixed C. total D. marginal

Economics