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Assume that a house is rented by four students. When it comes to keeping the house clean, each of ...

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Assume that a house is rented by four students. When it comes to keeping the house clean, each of ...

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 the 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?

▸ Assigning one roommate the responsibility of watching over the other students

▸ Asking every roommate to clean the house if they dirty it

▸ Requiring each roommate to pay more toward the house rent and groceries

▸ Requiring every roommate to contribute to a cleaning service

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Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

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elixy19

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More solutions for this book are available here

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danby Author

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Just got PERFECT on my quiz

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This helped my grade so much Perfect

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