Clarify the pros and cons of the free-rider problem

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Reference no: EM131376634

1. Clarify the pros and cons of the free-rider problem.

2. Logically describes the possible outcomes of the median-voter rule.

3. Give explanation of how wages are determined in competitive labor markets and explain why wages differ from one occupation to another.

4. Evaluate the distribution of income in the United States and issues relative to inequality.

Reference no: EM131376634

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