Multiple Choice
Four friends who love to ski decide to pool their financial resources and equally share the cost of a one-week time-share condominium in Banff,Alberta.Unfortunately,the condominium does not come with maid service.Everyone values clean dishes,but the fact that unwashed dishes pile up in the sink would best be explained by an economist who understands that clean dishes in the cupboard reflect which of the following
A) a common resource problem
B) a problem similar to cost-benefit analysis for public projects
C) household behaviour of the invisible hand
D) a negative externality for whoever does the dishes
Correct Answer:

Verified
Correct Answer:
Verified
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