Question

A fireworks show has been arranged in a park. The ticket for the show is $5 but only 40% of the tickets get sold as spectators can watch the show without entering the park. This is an example of ________.

Answer 1

Free riding problem

Step-by-step explanation:

The free rider issue prompts under-arrangement of a decent or administration and consequently causes showcase disappointment. The issue happens due to the disappointment of people to uncover their genuine or genuine inclinations for the open great through their commitments.

It is basically the burden on a common asset that is made by its utilization or abuse by individuals who aren't paying a lot for it or aren't paying anything by any stretch of the imagination