0
How does the free rider problem contribute to the need for public goods?
Wiki User
∙ 12y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What is a trait shared by all public goods?
A free-rider problem.
Which is trait shared by all public goods?
A free rider problem
What are similarities and differences between common goods public goods private goods and natural monopolies?
Public goods are non-excludable, so they suffer from a free-rider problem.
Why must public goods be provided by the government instead of the free market?
Public goods are non-excludable, so they suffer from a free-rider problem.
Why is it necessary for the government to force people to pay taxes?
The public goods the government provides suffer from a free-rider problem.
What is a trait shared by public goods?
A free-rider problem.
Which is trait shared by all public goods?
A free rider problem
What is a trait shared by all public goods?
A free-rider problem.
What problem is shared by all public goods?
A free-rider problem.Non-excludability
What are similarities and differences between common goods public goods private goods and natural monopolies?
Public goods are non-excludable, so they suffer from a free-rider problem.
You will still be able to get public broadcasting whether or not you contribute to their fundraising campaign. You decide not to contribute. What is this an example of?
a free-rider problem
Why must public goods be provides by the government instead of the free market?
Public goods are non-excludable, so they suffer from a free-rider problem.
Why must public goods be provided by the government instead of the free market?
Public goods are non-excludable, so they suffer from a free-rider problem.
Why is it necessary for the government to force to pay taxes?
The public goods the government provides suffer from a free-rider problem.
Why is it necessary for the government to force people to pay taxes?
The public goods the government provides suffer from a free-rider problem.
Why it necessary for the government to force people to pay taxes?
The public goods the government provides suffer from a free-rider problem.
What does the free rider problem suggest might happen if the government stoped collecting taxes and relied on voluntary contributions?
The free rider problem suggests that if the government stopped collecting taxes and relied on voluntary contributions, many individuals would choose not to contribute because they could benefit without paying. Without mandatory taxation, public goods and services would likely be underfunded, leading to a lack of funding for important public needs such as infrastructure, education, and public safety.
