Charlie loves watching Downtown Abbey on his local public TV station, but he never sends any money
Question:
a. What name do economists have for people like Charlie?
b. How can the government solve the problem caused by people like Charlie?
c. Can you think of ways the private market can solve this problem? How does the existence of cable TV alter the situation?
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a Charlie is a free ride b The government could solve the problem by spo...View the full answer
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