Which of the following is not an example of a free rider problem? Select the correct answer below: individuals enjoying a city funded fireworks display from their backyard () homeowners tying into a gas line after a neighbor paid to bring the main line onto the street an individual using a highway that charges tolls a household in a neighborhood taking advantage of the benefits of snow removal without chipping into the neighborhood fund that pays for it
Which of the following is not an example of a free rider problem? Select the correct answer below: individuals enjoying a city funded fireworks display from their backyard () homeowners tying into a gas line after a neighbor paid to bring the main line onto the street an individual using a highway that charges tolls a household in a neighborhood taking advantage of the benefits of snow removal without chipping into the neighborhood fund that pays for it
Microeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter5: Difficult Cases For The Market And The Role Of Government
Section: Chapter Questions
Problem 4CQ
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Public goods are those goods which are non-rivalrous and non-excludable.
Free rider refers when individual consumes goods and services without paying.
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