Frank was willing to contribute 40 this year to his local, Ask an Expert

Economics

Frank was willing to contribute $40 this year to his local public television station. However, after learning that the television station had already met its goal of raising $400,000, he decided not to contribute because he knew he could watch public television without contributing. This is an example of

a. dead weigh loss

b. An opportunity cost

c. The free rider problem

d. An external cost

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91298946

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