Chapter 14R, Problem 14MCQ

To determine

The reason why some people decide not to vote based on economic analysis.

Answer to Problem 14MCQ

From the available options, the correct option is the benefits of voting are non-excludable.

Explanation of Solution

As benefits of voting are non-excludable because it is a right of the person and no one can force a person to give a vote and no individual can exclude people others from using this right to vote. Whereas, if people give vote, then the benefits of voting are non-rival as all people get the advantage simultaneously. As the difficulty of voting is different for each state means the cost of voting is rival. Therefore, all options: b, c, d, and e are incorrect.

Here, the correct option is a (the benefits of voting are non-excludable as people can decide not to vote).

Economics Concept Introduction

Introduction: Excludable refers to the situation when according to people's willingness to pay, producers can prevent certain people from using or consuming goods and services. And, a rival in consumption means if one person consumes a good or service then it reduces the number of available goods and services for consumption by another.

Public goods covers are both non-excludable as well as non-rival.

And, a private good is excludable and rival in consumption which may prevent people from consuming when one person consumes the same good.