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(15 points) Some neighbours in the town of Smallville are planning a fireworks display at the town's main square. The display will be financed through

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(15 points) Some neighbours in the town of Smallville are planning a fireworks display at the town's main square. The display will be financed through voluntary contributions from the neighbours. a. (5 points) Following the categorization of goods based on rivalry in consumption and excludability, what kind of good would the fireworks display be? Explain. b. (5 points) How would this neighbour-organized display compare in size and quality to one organized by the local government? Why? What problem do the neighbours that volunteer to organize the display face that the local government does not? c. (5 points) Other than having the local government organize the display, propose another way in which the neighbours would be able to solve the problem mentioned in (b)

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