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Answer Q15&Q16 please write details 15. Free-Riders For the following goods, explain whether there is a free-rider problem (and the reason for it). July 4th

Answer Q15&Q16 please write details

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15. Free-Riders For the following goods, explain whether there is a free-rider problem (and the reason for it). July 4th reworks display, wireless internet access in hotels, access to a public library, National hurricane warning system, ambulance service, road safety signs and the U.S. coast guard. If there is a freerider problem the theory predicts that private rms will not produce the good, how do societies manage to produce this goods/services? 16. Polio After reading the following piece and discuss the validity or not of the argument presented \"Doctors struggle to eradicate polid-worldwide, but one of the biggest problem is persuading parents to vaccinate their children. Since the discovery of the vaccine, polio has been eliminated from Europe and the law requires everyone to be vaccinated. People who refuse to be vaccinated are \"free-riders"? Source: USA Today, March 12, 2008. q 17. Fishing Imagine a small village. One of the main source of income in the city is shing in a nearby lake. Currently, anyone has the exclusive right of using the lake. {n\\ 1171...!- +..-... at \"Ann-1 :n LL 42.11. in 4-1... 1n1-n

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