Assume that a house is rented by four students. When it comes to keeping the house clean, each of the four roommates has an incentive to leave cleaning to the others. As a result, the house is never clean
Which of the following is the best solution to this problem of free riding?
A) Assign one roommate the responsibility to keep a watch over the other students
B) Require every roommate to contribute to a cleaning service
C) Ask every roommate to clean the house if they dirty it
D) Require each roommate to pay more toward the house rent and groceries
B
Economics
You might also like to view...
There will be long-run pressure on the price to rise whenever
A. P>ATC.
B. P
Economics
Economists define inflation as
The price of necessities like food and gasoline. How fast on average prices are rising in a given period of time The value of the dollar Average house prices in a given area
Economics