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Charlie loves watching Downton Abbey on his local public TV station, but he never sends any money to support the station during its fund-raising drives. (5 points)
a. What name do economists have for people like Charlie?
b. How can the government solve the problem caused by people like Charlie?
c. How does the existence of cable TV alter the situation?
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Answers: 2
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Charlie loves watching Downton Abbey on his local public TV station, but he never sends any money to...
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