A public radio broadcast is inherently a non-excludable good, and therefore it is impossible for a government to create a system where citizens must pay to listen to it.
0
1
Tags
Social Science
Empirical Science
Science
Ch.1 The Capitalist Revolution - The Economy 1.0 @ CORE Econ
The Economy 1.0 @ CORE Econ
CORE Econ
Economy
Economics
Ch.10 Market successes and failures: The societal effects of private decisions - The Economy 2.0 Microeconomics @ CORE Econ
The Economy 2.0 Microeconomics @ CORE Econ
Introduction to Microeconomics Course
Analysis in Bloom's Taxonomy
Cognitive Psychology
Psychology
Related
A city government previously funded its public parks through general taxes, allowing anyone to enter freely. To improve park maintenance, the city introduces a new policy requiring all individuals to purchase an annual 'park pass' to gain entry. Park entrances are now staffed to check for these passes. From an economic standpoint, what is the primary change this new policy creates for the parks?
Startup Profit Allocation Decision
Creating Excludability for Public Broadcasts
A public radio broadcast is inherently a non-excludable good, and therefore it is impossible for a government to create a system where citizens must pay to listen to it.
Modifying Access to a Public Resource
Match each scenario with the economic principle it best illustrates regarding the excludability of a good.
Funding a National Weather Alert System
A country's government funds its national public television network through a mandatory annual license fee for every household with a television. A political group argues that since the broadcast signal is available to everyone with a TV regardless of whether they pay, the license fee is an unfair tax and should be abolished, proposing to fund the network through voluntary donations instead. From an economic perspective, what fundamental problem would the public television network most likely face if it were funded solely by voluntary donations?
Business Model for an Online Content Platform
Effectiveness of a Weakly Enforced Excludability Mechanism