Which of the following represents a collective action problem?

A) The battery in Billy's pickup truck has died so he must leave his house 90 minutes earlier than usual to take public transportation to work.
B) Sonia cuts down a diseased oak tree in her back yard, eliminating the shade that blocked the afternoon sun from shining through her living room windows.
C) Miss Lander's third grade class has to cut short their field trip to Insect World because someone in Mr. Rutherford's fourth grade class accidentally opened the safety door in the bumblebee exhibit.
D) Most of the audience cannot hear the dialog at a midnight showing of The Room because the film's most ardent fans insist on shouting with the dialog throughout the entire screening.

D

Economics

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In the above figure, the total producer surplus at the efficient level of output is ________

A) $4.5 million B) $9.0 million C) $2.5 million D) $3.0 million

Economics

Which of the following is a rationale for development planning?

(a) government failure. (b) market failure. (c) failure of consumers to understand their preferences. (d) all of the above are rationales for development planning. (e) none of the above are rationales for development planning.

Economics