free rider problem?

Q: Which of the following is an example of the free-rider problem? A People who do not buy pizza…

A: Public goods are non-excludable and non-rivalry. When no one can be excluded from the consumption of…

Q: Which is more difficult for a company to accomplish well, an analysis of external opportunities and…

A: A firm needs to analyze the strengths, weaknesses, threats, and opportunities firm. This can be done…

Q: What is a public good

A: Public goods are referred to those goods which are available for the general people of the country…

Q: How does providing education to students provide external benefits to everyone in the community.

A: Externalities are the harmful or beneficial side effects arise out of production or consumption of…

Q: Explain how each of the following work: a green tax, a subsidy, and an emissions trading system.

A: Taxes and subsidies are two important concepts used by the government to influence the production of…

Q: Explain how the over-allocation or over production of goods and services can lead to market failure…

A: (Overconsumption): Judicious consumer utilities sweet beverages up to where the private marginal…

Q: What is the difference between public goods and private goods? A. Public goods are available to the…

A: Public goods are defined as those goods which are both non-excludable and non-rivalrous. Users…

Q: How has control over water been used as a tool of oppression? How have people resisted this…

A: Water can be stored in a large tank and through a hydraulic pump, it can be controlled easily,…

Q: What is a practical way in which the free rider problem can be addressed by the private market? A…

A: Option (B).

Q: Which of the following is a positive externality from education? a.Better-educated people make…

A: Positive externalities are the beneficial side effects arise out of producing or consuming some…

Q: What are the reasons for public failure

A: Public failure could be a result of various reasons, that has been explained as follows

Q: Is environmental pollution a failure of the free market system?

A: Yes, environmental pollution is an outcome of free market system failure.

Q: Probably the highest-priority long-term social problem in Latin America is controlling…

A: Pandemic that was started and affected almost all the countries in world. Covid-19 affected economic…

Q: How does the law address either the "Tragedy of the Commons", the free-rider problem, or pollution…

A: The tragedy of the commons is a financial aspects problem where each individual has a motivation to…

Q: Free rider problem: a. Please thoroughly and completely explain the free-rider problem. b. Please…

A: The free-rider problem refers to the situation where people enjoy the goods and services without…

Q: What are the two main approaches to tackle the problem of global warming and climate change?

A: (Q) What are the two main approaches to tackle the problem of global warming and climate change?

Q: What is tragedy of the common? What are suggested solutions for this problem?

A: The tragedy of the commons is a situation in which everyone has an incentive to consume a resource,…

Q: What examples do you have of public goods? What is the free-rider problem?

A: Externality is defined as an external cost or an external benefit to the third party that arises as…

Q: Which of the following is not an example of a free rider problem? Select the correct answer below:…

A: Public goods are those goods which are non-rivalrous and non-excludable. Free rider refers when…

Q: To encourage the creation of ideas, governments use a. patents. b. subsidies. c. internet taxes. d.…

A: Note:  We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: How will the imposition of the government implementing measures to combat climate change impact…

A: In a market, governement intervention refers to the situation when government tries to adjust market…

Q: Barbary macaques are the only population of wild monkeys that remain in Europe. a. Barbary macaques…

A: Barbary macaques are subject to the : b."tragedy of the commons" According to Wikipedia , The…

Q: Explain the free rider problem, and how it happens in real life. Use three (3) real examples.

A: “Hey, thank you for the question. Since there are multiple questions posted, we will answer first…

Q: What factors contributes to the rise of civil societies?

A: At a time when trust is by far the most valuable currency, civil society is consistently trusted far…

Q: In what ways does poverty lead to environmental degradation? In what way are the poor victims?…

A: The poverty is the state where people are having lack of income to support their livelihood in such…

Q: The creation of knowledge is a public good. Because knowledge is a public good, profit-seeking firms…

A: Public goods are those goods which are freely available on the market and whose use does not affect…

Q: In Malaysia, proposals to build hydroelectric dams to generate electricity have caused two…

A: 1. Here, it is given that two groups have opposite argument for the proposal to build hydroelectric…

Q: Why does government intervention become necessary in the situation of market failure?

A: Market failure is an economic situation wherein the goods and services in an economy cannot be…

Q: Which of the below is the best illustration of a public good? A clean water in a river

A: Public goods are those which are not for a single person but for each and every individual.…

Q: What are market failures? Discuss examples of market failures. What can government do to improve the…

A: According to the concept of economic efficiency, a distribution of inputs among commodities and of…

Q: why environmentalists consider economics as enemy of the environment?

A: Economics refers to the subject where allocation and distribution of scarce resources of the economy…

Q: When economists look for some explanation for government provision, we want to find some kind of…

A: The economics as a study is based upon the idea that the resources which are present with the…

Q: How do public television stations, like PBS, try to overcome the free rider problem?

A: When people in society are taking the benefits of goods and services without paying for them, then…

Q: Which of the following might help to solve a free-rider problem? Select all that apply: using the…

A: Free riders refer to a group of people who enjoy public goods or common resources without paying…

Q: Rational Choice

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: A painting by Monet displayed in a museum is: a. excludable but not rival. b. rival but not…

A: Option (c) both rival and excludable  is correct.

Q: A video on YouTube is a ?   A. private good B. club good C. common pool resource D. public good

A: In the market, there are different type of products that are classified on the basis of therie…