If taxpayers can enjoy mosquito abatement whether or not they pay for it and, therefore, they tend to understate their true valuation of the spraying, this is an example of
A) private goods
B) the median-voter model
C) an open-access good
D) the free-rider problem
E) irrational ignorance
Correct Answer:
Verified
Q123: Rents represent earnings that
A)exceed marginal cost
B)are less
Q124: Exhibit 16-5 Q125: Direct transfer programs are generally less efficient Q126: Exhibit 16-5 Q127: Public choices are government decisions about Q129: U.S.farm subsidies are a sticking point in Q130: A study found that privately-operated juvenile correction Q131: Exhibit 16-5 Q132: Exhibit 16-5 Q133: An example of traditional public-goods legislation is Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)public goods
A)price