Answer
a) Economists call them free riders.
b) Government can levy taxes to solve this problem.
c) Private market can solve this problem by being hired by government and government will pay them using taxes. Thus the private players can act as public employees rather than private entrepreneurs.
Work Step by Step
a) Economists call them free riders.
b) Government can levy taxes to solve this problem.
c) Private market can solve this problem by being hired by government and government will pay them using taxes. Thus the private players can act as public employees rather than private entrepreneurs.
