The free-rider problem and public goods: everything you need to know!

Public goods are non-excludable and non-rivalrous, and thus subject to the free-rider problem. The free market will generally not provide these public goods at all, in the absence of government intervention, due to this free-rider problem!
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[@obedokaiowusu5991]

well done. the explanation was clear especially elaborating on the differences between merit goods and public goods.

[@ibeconguru]

Thank you! I’m glad you enjoyed it 😊

[@serhiimalokutskiy4778]

my tomorrow exam is ready for me, with your explanations, thank you!!

[@jayhaz5104]

amazing!! thank you so much !!

[@ibeconguru]

You’re welcome!

[@rauthanakayiza5386]

maybe i wont fail my economics thank you:)