The reason individual homeowners usually do not hire a private contractor to fill the potholes on their street is because:
A) it costs too much.
B) the value to the neighborhood exceeds the cost of repair.
C) others who use the street will be free riders.
D) they do not trust the government.
E) there are negative externalities associated with the repair.
Correct Answer:
Verified
Q85: Why do negative externalities like pollution result
Q159: Market failure occurs when supply and demand
Q161: Dina is driving to work on an
Q162: Bobby's neighbor is growing a tree that
Q163: Which of the following would generate positive
Q165: The possibility of a free rider exists:
A)
Q166: The government would use production taxes to
Q167: Tammy installed a set of wind chimes
Q168: Suppose a wallet firm has been dumping
Q169: Unintended costs that are imposed in third
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