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The Free Rider Problem and the Tragedy of the Commons
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The Free Rider Problem and the Tragedy of the Commons
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8. The Types of Goods / The Free Rider Problem and the Tragedy of the Commons / Problem 2
Problem 2
What characteristic of a fireworks show makes it difficult to exclude non-payers?
A
Its non-excludable nature, as it is visible to everyone.
B
Its rival nature, as it can only be enjoyed by a few.
C
Its non-rival nature, as it can be enjoyed by many.
D
Its excludable nature, as it requires a ticket.
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