Sam was willing to contribute $20 this year to his local college radio station. However, after learning that the radio station had already met its goal of raising $400,000, he decides not to contribute, because he knows he can listen to it without contributing.
This is an example of which of the following?
a) A deadweight loss
b) A negative externality
c) An opportunity cost
d) The free-rider problem
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Home » Business » Sam was willing to contribute $20 this year to his local college radio station. However, after learning that the radio station had already met its goal of raising $400,000, he decides not to contribute, because he knows he can listen to it without