Multiple Choice
The town of Sointenly does not have any public snow-plows.Anyone who wants his street cleared of snow must hire a private snow-plow company,which charges $75 per street.Curly,Larry and Moe all live on a dead-end street;Curly lives at the very end.Each one values snow removal at $50.At present,the snow is never cleared from the street.We can conclude that
A) there is no way to improve upon the current situation because the cost of snow removal exceeds what each individual is willing to pay for it.
B) Larry and Moe should wait for Curly to pay for the service because Curly will pay to have the snow cleared all the way to his house.Then Larry and Moe will get the service for free.
C) the fee charged by the snow removal company is unfairly high.
D) Curly, Larry and Moe could all be better off if they acted collectively.
Correct Answer:

Verified
Correct Answer:
Verified
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