Refer to Scenario 12.1. Suppose that a third friend, Ryan, joins Simon and Paula on their way home from school, and this reduces the probability of any particular individual from stepping forward to help the man being attacked from 70% to 40%
What is the probability of either Simon, Paula, Ryan, or any combination of the three trying to rescue the man? A) 28.8%
B) 49.6%
C) 78.4%
D) 93.6%
C
Economics
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Which of the following is true for the European Central Bank (ECB)?
A) its executive board meets less often than the FOMC B) the members of its executive board have lifetime appointments C) it is a more decentralized system than the Federal Reserve D) all of the above E) none of the above
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Explain why state governments may charge a fee for beach access to address the commons problem
What will be an ideal response?
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