Answer:
Statements 3 and 4 are accurate about the story
Explanation:
1. By definition, a public good is a good that, once provided, no one in a group can be excluded from enjoying. Therefore, in the context of the story, public good is "a world without climate change", a good that everyone in the world can enjoy. So statement 4 is accurate.
Statement 2 is inaccurate because Jane's Rolls-Royce Phantom is at her disposal. Her car use will prevent others from using it.
2. Free riding is the act of enjoying the benefits of a public good without bearing part of the burden of providing it. In the story, Jane would rather let others bear the burden of reducing overall carbon dioxide emissions than doing it herself. In other words, she would like to enjoy a world without climate change (a public good) without contributing to make it. So Jane is a free-rider and statement 3 is accurate.
3. A collective action problem is a situation where free riding threatens to prevent a group from providing a public good. In this story, Jane's free riding action does not threaten to prevent people from providing "a world without climate change" because "she knows that her own individual contribution, as large as it is, does not itself affect the climate". However, if everyone behaves like Jane, then the world would be affected by climate change. So statement 1 is inaccurate.
