Question:
Which of the following terms is used in economics parlance to describe a person who receives the benefits of a good but avoids paying for it?
Which of the following terms is used in economics parlance to describe a person who receives the benefits of a good but avoids paying for it?
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Public goods often suffer from free rider problem because individuals can benefit without contributing.
Updated On: Jan 17, 2026
- Debtor
- Free Rider
- Willful Defaulter
- Ungrateful Beneficiary
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Verified By Collegedunia
The Correct Option is B
Solution and Explanation
Step 1: Recall economic terms.
- Free Rider → Consumes a good/service without paying for it
- Debtor → Owes money
- Willful Defaulter → Deliberately avoids payment of dues
- Ungrateful Beneficiary → Not an economic term
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