Principles Of Microeconomics 2e
2nd Edition
ISBN: 9781680922219
Author: Timothy Taylor, Steven A Greenlaw, David Shapiro
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Textbook Question
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Chapter 13, Problem 19CTQ
How do public television stations, like PBS, try to overcome the free rider problem?
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How do public television stations, like PBS, try to overcome the free rider problem? Is public television a public good in a non-obvious way?
Why is a football game on ESPN a quasi-public good but a game on the NBC, CBS, or ABC is a public good? How are over-the-air broadcasters (NBC, CBS, ABC) able to overcome the free rider problem?
Which of the following is an example of the free-rider problem?
A People who do not buy pizza because they are allergic to cheese
B People who overspend on a vacation
C People who benefit from listening to public radio but never donate to keep it running
D People who choose not to give to charitable causes because they do not agree with the organization’s goal
Chapter 13 Solutions
Principles Of Microeconomics 2e
Ch. 13 - Do market demand curves reflect positive...Ch. 13 - Suppose that Sonys R. Is this a private or social...Ch. 13 - The Gizmo Company is planning to develop new...Ch. 13 - The Junkbuyers Company travels from home to home,...Ch. 13 - When residents in a neighborhood tidy it and keep...Ch. 13 - Education provides both private benefits to those...Ch. 13 - Which of the following goods or services are...Ch. 13 - Are the following goods non-rival in consumption?...Ch. 13 - In what ways (it) company investments in research...Ch. 13 - Will the demand for borrowing and investing in R&D...
Ch. 13 - Why might private markets tend to provide too few...Ch. 13 - What can government do to encourage the...Ch. 13 - What are the two key characteristics of public...Ch. 13 - Name two public goods and explain why they are...Ch. 13 - What is the free rider problem?Ch. 13 - Explain why the federal government funds national...Ch. 13 - Call a company be guaranteed all of the Social...Ch. 13 - Is it inevitable that government must become...Ch. 13 - How do public television stations, like PBS, try...Ch. 13 - Why is a football game on ESPN a quasi-public good...Ch. 13 - Provide two examples of goods/services that are...Ch. 13 - Radio stations, tornado sirens, light houses, and...Ch. 13 - HighFlyer Airlines wants to build new airplanes...Ch. 13 - Assume that the marginal private costs of a film...Ch. 13 - Becky and Sarah are sisters 1who share a room....
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Similar questions
- What are externalities; and how the government can fix itarrow_forwardWhat do laboratory experiments on the free-rider problem show? People do not contribute anything to the public good People contribute to the public good, but less than is optimal People contribute the optimal amount to the public goodarrow_forwardIn what ways is pollution still a problem?arrow_forward
- Is it in the public interest to tax cigarettes? Explain your position using some of the economic concepts or graphs.arrow_forwardWhat is a practical way in which the free rider problem can be addressed by the private market? A Consumers agreeing to not overuse the good if it is available B The government implementing a tax in the market C The government verbally encouraging producers to make the product for the good of society D Private producers being able to charge a fee to use the goodarrow_forwardIs it possible to ration public goods? If yes what devices will you use to ration them? If not, why?arrow_forward
- How does the law address either the "Tragedy of the Commons", the free-rider problem, or pollution as an externality?arrow_forwardHow would you distinguish between consumerism and environmentalism in terms of scope and influence?arrow_forwardWhy free-market environmentalism is not implemented?arrow_forward
- What is an externality? How do they affect market efficiency? If an externality is present, where is the socially optimal point of production? Where will the market produce if there is no government intervention? How do we get from the private market equilibrium to the socially optimal one?arrow_forwardOffer an example of a good that has become a public (or quasi-public) good due to technology. Explain how technology has made this good non-rival in consumption or non-excludable. Is there a free rider problem with the good you mentioned? How can the free rider problem be addressed in this example?arrow_forwardHow do public television stations, like PBS, try to overcome the free rider problem? Define the problem, and then discuss the solutions. [Be sure to explain, what you mean by public good, and what is the free rider problem. Then use the explanation to apply to the public television situations]arrow_forward
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