76 319
Assignments Done
Successfully Done
In May 2019

Answer to Question #71424 in Microeconomics for Avanelle

Question #71424
Charlie loves watching Sponge Bob on his local TV station but he never sends any money to support the station during its fund raising drives. what type of market failure do the statement applies to
Expert's answer
This type of market failure is called Free rider problem. It is in the actions of the consumer of the public good, which tries to avoid paying for the use of this good.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!


No comments. Be first!

Leave a comment

Ask Your question

Privacy policy Terms and Conditions