A national campaign is asking for contributions of $1.00 per citizen to fund the building of the September 11th memorial in New York City. The total cost of the memorial is estimated to be $260 million. You decide not to contribute, because your contribution would be small relative to the total that it won't make any difference whether you contribute or not. This is an example of the ________ problem.
A) nonexcludable
B) nonrival in consumption
C) free-rider
D) drop-in-the-bucket
Correct Answer:
Verified
Q207: Which of the following contains most of
Q208: Because people can enjoy the benefits of
Q209: The costs that we avoid by not
Q210: Refer to the information given in
Q211: As pollution emissions increase, the added cost
Q213: The optimal level of emissions of most
Q214: Public goods represent a market failure because
A)
Q215: The marginal cost of producing 25 units
Q216: If, at a low cost, you cannot
Q217: If one person's enjoyment of the benefits
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