Which of the following is not an example of a free rider problem? Select the correct answer below: individuals enjoying a city funded fireworks display from their backyard () homeowners tying into a gas line after a neighbor paid to bring the main line onto the street an individual using a highway that charges tolls a household in a neighborhood taking advantage of the benefits of snow removal without chipping into the neighborhood fund that pays for it
Which of the following is not an example of a free rider problem? Select the correct answer below: individuals enjoying a city funded fireworks display from their backyard () homeowners tying into a gas line after a neighbor paid to bring the main line onto the street an individual using a highway that charges tolls a household in a neighborhood taking advantage of the benefits of snow removal without chipping into the neighborhood fund that pays for it
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
![Which of the following is not an example of a free rider problem?
Select the correct answer below:
individuals enjoying a city funded fireworks display from their backyard
homeowners tying into a gas line after a neighbor paid to bring the main line onto the street
an individual using a highway that charges tolls
a household in a neighborhood taking advantage of the benefits of snow removal without chipping
into the neighborhood fund that pays for it](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd5aaad54-90bf-4ac8-8184-f5e95c69c11b%2F83ec7b48-81be-41bc-895f-b24aa19453fc%2Fiznm5op_processed.png&w=3840&q=75)
Transcribed Image Text:Which of the following is not an example of a free rider problem?
Select the correct answer below:
individuals enjoying a city funded fireworks display from their backyard
homeowners tying into a gas line after a neighbor paid to bring the main line onto the street
an individual using a highway that charges tolls
a household in a neighborhood taking advantage of the benefits of snow removal without chipping
into the neighborhood fund that pays for it
Expert Solution
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Step 1
Public goods are those goods which are non-rivalrous and non-excludable.
Free rider refers when individual consumes goods and services without paying.
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