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Author Question: Refer to the scenario above. Jack and Jill will derive maximum utility if: A) Jack tries to move ... (Read 228 times)

kellyjaisingh

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Refer to the scenario above. Jack and Jill will derive maximum utility if:
 
  A) Jack tries to move the tree while Jill does not.
  B) Jill tries to move the tree while jack does not.
  C) both of them try to move the tree.
  D) neither of them tries to move the tree.

Question 2

Refer to the scenario above. The housekeeper's behavior is an example of a ________.
 
  A) moral hazard
  B) positive externality
  C) prisoners' dilemma
  D) tragedy of the commons



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lolol

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Answer to Question 1

C

Answer to Question 2

A




kellyjaisingh

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


steff9894

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Reply 3 on: Yesterday
Gracias!

 

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