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Cuba Cuba
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Posts: 2658
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8 years ago
Which of the following best illustrates the free rider problem?
A) For every purchase of a $100 season pass, you are entitled to free entry to an amusement park for the entire summer.
B) If your neighbors redo the landscapes in their yards, it is likely that the value of your house will increase.
C) Since no one owns rhinos and rhinos are valued for their horns, rhinos can be hunted to extinction.
D) Homeowners in a small neighborhood decide that security lighting is good for the neighborhood. One homeowner installs the lighting and asks you to contribute toward the cost, but you choose not to contribute.
Textbook 
Economic Analysis of Social Issues

Economic Analysis of Social Issues


Edition: 1st
Author:
Read 296 times
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IloveChiIloveChi
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Posts: 2595
8 years ago
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khuram13

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Cuba Author
wrote...
8 years ago
I have a major exam next week. Thank you for taking the time to answer. Problem solved.
wrote...
8 years ago
Wasn't so hard, referencing the textbook helped.
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