Public television is funded in part by private dona- tions, Microeconomics

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Public television is funded in part by private dona- tions

1. Public television is funded in part by private dona- tions, even though anyone with a television set can watch for free. Can you explain this phenomenon in light of the free rider problem?

2. Explain why the median voter outcome need not be efficient when majority-rule voting determines the level of public spending.

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Microeconomics: Public television is funded in part by private dona- tions

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Microeconomics: Public television is funded in part by private dona- tions

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