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the possibility of free riders
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∙ 9y ago
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What is a problem for the production of public goods?
The possibility of free riders.
Which is a problem for the production of public goods?
The possibility of free riders, a situation where some individuals in a population either consume more than their fair share of a common resource, or pay less than their fair share of the cost of a common resource, is a problem for the production of public goods.
What of the following is a problem for the production of public goods?
ig it's my turn to chip in the possiblity of free riders- APEXXX
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.
Which is trait shared by all public goods?
A free rider problem
What is a problem for the production of public goods?
The possibility of free riders.
Which is a problem for the production of public goods?
The possibility of free riders, a situation where some individuals in a population either consume more than their fair share of a common resource, or pay less than their fair share of the cost of a common resource, is a problem for the production of public goods.
What of the following is a problem for the production of public goods?
ig it's my turn to chip in the possiblity of free riders- APEXXX
What is a problem for the production of goods?
The possibility of free riders.
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.
What is a trait shared by public goods?
A free-rider problem.
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
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 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.
What was a major problem for the assembly line workers involved in the mass production of goods in the 20th century?
Inability to produce enough goods
What problem is shared by all public goods?
A free-rider problem.Non-excludability
