The 20 Residents of the Village of Towneburg Are Considering

The 20 residents of the village of Towneburg are considering hosting a fireworks show next summer.The total cost of the show is estimated to be $1,000 + $10 per unit.Each resident's demand for fireworks is identical: P = 50 - 2 * units as shown below: Cheap Charlie is one of Towneburg's 20 residents.While Charlie enjoys fireworks as much as the next Towneburger,when the fireworks fund-raising campaign kicks off,he claims to hate them.Cheap Charlie is trying to A) free ride. B) rent seek. C) force the village to be more efficient. D) log-roll.

The 20 residents of the village of Towneburg are considering hosting a fireworks show next summer.The total cost of the show is estimated to be $1,000 + $10 per unit.Each resident's demand for fireworks is identical: P = 50 - 2 * units as shown below: Cheap Charlie is one of Towneburg's 20 residents.While Charlie enjoys fireworks as much as the next Towneburger,when the fireworks fund-raising campaign kicks off,he claims to hate them.As a result,relative to a situation in which Charlie is truthful,the efficient level of fireworks provision is A) less. B) greater. C) less,but the same amount will be provided. D) the same,but less will be provided.