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Author Question: A local campaign is asking for contributions of $5.00 per citizen to fund the renovation of the ... (Read 71 times)

CBme

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Question 1

You will still be able to get public broadcasting whether or not you contribute to their fund-raising campaign, so you decide ________ contribute. This is an example of the free-rider problem, and is intrinsic to ________ goods.


◦ to; public
◦ not to; public
◦ to; private
◦ not to; private

Question 2

A local campaign is asking for contributions of $5.00 per citizen to fund the renovation of the boardwalk in Atlantic City following Hurricane Sandy. The total cost of the renovation is estimated to be $125 million. You decide not to contribute because your contribution would be so small relative to the total that it wouldnʹt make any difference whether you contribute or not. This is an example of the


◦ nonexcludable problem.
◦ nonrival in consumption problem.
◦ free-rider problem.
◦ drop-in-the-bucket problem.


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Marked as best answer by CBme on Apr 19, 2019

taylorsonier

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