Alex was willing to contribute $250 this year to his local college radio station. However, after learning that the radio station already had met its goal of raising $200,000, he decided not to contribute, because he knew he could listen to it without contributing. This is an example of: A deadweight loss An opportunity cost The free-rider problem An external cost

Alex was willing to contribute $250 this year to his local college radio station. However, after learning that the radio station already had met its goal of raising $200,000, he decided not to contribute, because he knew he could listen to it without contributing. This is an example of: A deadweight loss An opportunity cost The free-rider problem An external cost

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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