A person who regularly watches BBC television programs in the UK but fails to pay their TV licence fee is known as ?

Related Mcqs:

If one person’s consumption of a good diminishes other people’s use of the good, the good is said to be ?

A. rival B. a good produced by a natural monopoly C. a common resource D. excludable...

When markets fail to allocate resources efficiently, the ultimate source of the problem is usually ?

A. government regulation B. that prices are not low enough so firms over produce C. that prices are not high enough, so people overconsume D. that property rights have not been well established...

A public good is ?

A. neither rival nor excludable B. rival but not excludable. C. both rival but excludable D. not rival but excludable...

A good produced by a natural monopoly is ?

A. rival but not excludable B. neither rival nor excludable C. not rival but excludable D. both rival and excludable...

A free rider is a person who ?

A. receives the benefits of a good but avoids paying for it. B. pays for a good but fails to receive any benefit from the good C. fails to produce goods but is allowed to consume goods. D. produces a good but fails to receive payment for the good...