Determine whether the statements is true, false, or uncertain.  If the statement is false or uncertain, please correct the statement to make it true.  If the statement is true, please explain your answer briefly.  Include a short definition of any CAPITALIZED term.  1. A market system left alone will tend to over-allocate resources to the production of public goods due to the FREE RIDER PROBLEM.

Principles of Economics, 7th Edition (MindTap Course List)
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ISBN:9781285165875
Author:N. Gregory Mankiw
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Chapter11: Public Goods And Common Resources
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Determine whether the statements is true, false, or uncertain.  If the statement is false or uncertain, please correct the statement to make it true.  If the statement is true, please explain your answer briefly.  Include a short definition of any CAPITALIZED term. 

1. A market system left alone will tend to over-allocate resources to the production of public goods due to the FREE RIDER PROBLEM.

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