Posts Tagged ‘scenarios’

An economics question:6. Which of the following scenarios demonstrates the concept of free-riding?

Thursday, May 13th, 2010

6. Which of the following scenarios demonstrates the concept of free-riding?

A. A toll bridge in New Jersey requires that every car crossing the bridge pay a toll.

B. The local church offers free meals during a national holiday.

C. A school fundraiser raffles off a free trip to Hawaii. Many people purchase raffle tickets, but there is only one winner.

D. Everyone can listen to public radio (which runs on donations), whether they have given a donation or not.

Which of the following scenarios demonstrates the concept of free-riding?

Saturday, May 1st, 2010

Everyone can listen to public radio (which runs on donations), whether they have given a donation or not, A toll bridge in New Jersey requires that every car crossing the bridge pay a toll, A school fundraiser raffles off a free trip to Hawaii. Many people purchase raffle tickets, but there is only one winner, or The local church offers free meals during a national holiday

Which of the following scenarios demonstrates the concept of the free-rider problem?

Thursday, April 15th, 2010

A. Public radio is funded through private donations. However, everyone can listen to it, whether or not they have donated.

B. A toll bridge requires that every car crossing the bridge pay a toll.

C. A school fundraiser raffles off a free trip to Hawaii. Anyone can buy raffle tickets, but there is only one winner.

D. The local gym offers dance lessons at a very low cost during the weekend.


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