Four Friends Who Love to Ski Decide to Pool Their

Multiple Choice

Four friends who love to ski decide to pool their financial resources and equally share the cost of a one-week timeshare unit in the Blue Mountains of New South Wales. Unfortunately the unit 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:

A) a common resource problem
B) a problem similar to cost-benefit analysis for public projects
C) a corollary to the existence value of snow at the ski resort
D) household behaviour of the 'invisible hand'