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book Economic Analysis of Social Issues 1st Edition by Alan Grant cover

Economic Analysis of Social Issues 1st Edition by Alan Grant

Edition 1ISBN: 978-0134098371
book Economic Analysis of Social Issues 1st Edition by Alan Grant cover

Economic Analysis of Social Issues 1st Edition by Alan Grant

Edition 1ISBN: 978-0134098371
Exercise 33
Your philosophy professor always grades exams on a curve, so that the top score in class becomes an
a. The morning of a big exam, one of your classmates makes the following suggestion to the class: "Let's all leave our papers blank. That way, even though we'll all get zeros, everyone will get an
a." Discuss the collective action problem this situation might present.
Explanation
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Problem of collective action:
The colle...

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Economic Analysis of Social Issues 1st Edition by Alan Grant
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