What type of good is wireless internet provided by airport

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Reference no: EM131004560

Your local airport recently started providing wireless Internet access throughout the airport for free. However, very few people have been using the free Internet, primarily because the airport serves a medium- to small-sized community.

Reference the scenario above to answer these questions:

1. Initially, what type of good is the wireless Internet provided by the airport? Explain your answer in terms of rivalry and excludability.

2. Suppose that several months later, more people have learned that the Internet service is available at the airport and usage has tripled. The connection speed has greatly slowed based on the recent high usage. Now what type of good is the wireless Internet service? Explain your answer in terms of rivalry and excludability.

3. What problems or economic issues can you determine from this type of good?

4. Select one of the problems you identified and offer a solution for how you might correct this issue.

Reference no: EM131004560

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