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Author Question: There are 3,000 families in a small town that are affected by air pollution from a local factory. ... (Read 94 times)

CQXA

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on: Apr 19, 2019

There are 3,000 families in a small town that are affected by air pollution from a local factory. The air pollution could be reduced if the company spent $10,000 on upgraded ventilators. The company agrees to install the ventilators if the affected families contribute the $10,000. However, because individuals will benefit from the reduction in air pollution whether they contribute or not, most people will not contribute and the firm will not install the ventilators. This outcome is an example of the


◦ free-rider problem.
◦ drop-in-the-bucket problem.
◦ Coase theorem.
◦ collective action problem (that arises when there are too many parties involved).
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by CQXA on Apr 19, 2019

gabrielle_lawrence

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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CQXA

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Reply #2 on: Apr 19, 2019
TY


gabrielle_lawrence

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Reply #3 on: Apr 19, 2019
You're welcome


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