10, Dec 2020
There is a small town with only wooden structures. The local leaders impose a property tax to fund a fire department because of persistent free riders refusing to pay for the non-profit firefighting service. What type of good best describes this fire department?

There is a small town with only wooden structures. The local leaders impose a property tax to fund a fire department because of persistent free riders refusing to pay for the non-profit firefighting service. What type of good best describes this fire department?

A. Public good

B. Private good

C. Survival good

D. Artificially scarce good

E. Common pool resource