For each of the following goods, explain why a free-rider problem arises or how is it avoided.
Question:
For each of the following goods, explain why a free-rider problem arises or how is it avoided.
- July 4th fireworks display
- Interstate 81 in Virginia
- Wireless Internet access in hotels
- The public library in your city
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (9 reviews)
July 4th fireworks display The fireworks display is a public good so there is a potential freer...View the full answer
Answered By
Omar ELmoursi
I'm Omar, I have Bachelor degree in Business and Finance, My unique approach is to help students with questions and assignments, I can teach Business, Math, Accounting, Managerial Accounting, Economy, Human resources management, organizational behavior, project management, I have experience dealing with different types of students and teach them how to deal with different types of exercises.
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
If the government decides to provide public health insurance (like Canada), what healthcare fee does it charge to achieve an efficient coverage? How much will taxpayers have to pay? The marginal cost...
-
Hanjaya Industries manufactures ergonomic devices for computer users. Some of its more popular products include anti-glare filters and privacy filters (for computer monitors) and keyboard stands with...
-
Kimje Foods has prepared a graph of flexible budget data. At zero direct labor hours, the total budgeted cost line intersects the vertical axis at 20,000. At 10,000 direct labor hours, the line drawn...
-
Simplify the expressions in Problems 3138. (3x - 1) (x + 3x - 2)
-
The J = 2 to 3 rotational transition in a certain diatomic molecule occurs at 126.4 GHz, where 1 GHz 109 Hz. Find the frequency of the J = 5 to 6 absorption in this molecule.
-
Graph the solution set to the system of inequalities. 2x + 3y = 6 x-y2
-
Outline the general strategy used in metagenomics.
-
Swing Company's beginning inventory and purchases during the fiscal year ended September 30, 20-2, were as follows: Use the following information for the specific identification method. There arc...
-
Need help with this relational model, please. I am having trouble understanding how to create the relational model.
-
Your sister has just won $300,000 (taxfree) in the state lottery. Shes decided to quit her job and devote herself to writing novels for the next ten years, using her lottery winnings to support...
-
After you have studied Economics in the News on pp. 360361, answer the following questions a. What are the strategies of T-Mobile and AT&T in the market for cellphone service? b. Why, according to...
-
If the government appoints a bureaucrat to run the program, would mosquito spraying most likely be under provided, over provided, or provided at the efficient quantity? Quantity (square miles sprayed...
-
On January 1, 2012, Harrington Company has the following defined benefit pension plan balances. Projected benefit obligation .......................$5,600,000 Fair value of plan assets...
-
3. In the figure below, a mass of 5kg is released from rest down an inclined plane. It then encounters a spring with spring constant of 1000N/m. The ramp has coefficient of kinetic friction 0.2. How...
-
A price-taking firm's variable cost function is C = Q 3 , where Q is the output per week. It has an avoidable fixed cost of $1,024 per week. Its marginal cost is MC = 3 Q 2 . What is the profit...
-
Part 1. Website Design (10%) You are asked to create a personal website to show off your skills as a web developer to possible employers. You are responsible for researching and implementing all...
-
Show the effect of taxes on a perfectly inelastic demand curve and a perfectly elastic demand curve?
-
Find the total running time of the following methods (justify your answers, showing the intermediate calculations after each line). 1. int n = 200; " System.out.println("The input is: + n); 2. int x...
-
Jared Company had beginning inventory of $40,000; net sales of $275,000; and cost of goods purchased of $160,000. In the previous year, the company had a gross profit margin of 45%. Calculate the...
-
For the following exercises, rewrite the sum as a product of two functions or the product as a sum of two functions. Give your answer in terms of sines and cosines. Then evaluate the final answer...
-
Any two of these events in questions 1 and 2 occur together? (Draw the diagrams!)
-
Any two of these events in questions 1 and 2 occur together? (Draw the diagrams!)
-
Any two of these events in questions 1 and 2 occur together? (Draw the diagrams!)
-
What are the four critical areas in which employees should have pride, enjoyment, trust, and benefit to enable high morale?
-
Your problem statement assignment will include the following: A brief, yet clear and explicit description of the organization. A description of the problem being observed or experienced in the...
-
What is the main responsibility of prompt engineers?
Study smarter with the SolutionInn App