Every few months,public radio announces a call for pledge support.During this time,it asks listeners to contribute to their local public radio station.Although they raise money during this time,it often falls short of the amount they wish to raise because:
A)they do not make the pledge period long enough.
B)listeners know they will be able to hear public radio,even if they don't contribute.
C)public radio free-rides on the listeners.
D)the marginal social cost equals the marginal social benefit of public radio listening.

Question

Quizplus · Accepted Answer

Public radio is a public good, meaning that it is non-excludable, and everyone can benefit from it regardless of whether they contribute or not. This is known as the free-rider problem. Listeners may not feel the need to contribute if they know they can continue to listen to public radio without paying.

Every Few Months,public Radio Announces a Call for Pledge Support