inal Examination tarted: Dec 15 at 11:05am Quiz Instructions You have 2.5 hours
ID: 1128728 • Letter: I
Question
inal Examination tarted: Dec 15 at 11:05am Quiz Instructions You have 2.5 hours to complete this exam. It cannot be closed and returned to or navigated away from once begun. You are free to use your text, notes, and any class material. DO NOT WORK TOGETHER. Take your time reading each question. Good luck! D Question 37 2 pts Regulations requiring mandatory union membership are partially designed to prevent free-rider problems True False Next . Previous No new data to save. Last checked at 12:20pm Submit Quiz ·Explanation / Answer
37. True
Explanation: In economics, free-rider problem is a situation in which people who avail certain benefits from goods, services or resources but do not pay for the same. The workers who are not a member of a union also receives the benefits of the activities of the union like wage hike or better working condition, without paying the union membership. Mandatory membership eradicates this problem.
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