Which of the following is an example of a solution to a coordination problem?
A)A driver sets flares on the road to mark an accident.
B)Airline pilots go on strike to raise wages.
C)Peacekeepers separate two armies in a civil war to stop the conflict.
D)Cybersecurity experts set a universal standard format for malware reporting so that all firms can share.

Question

Quizplus · Accepted Answer

Cybersecurity experts setting a universal standard format for malware reporting is an example of a solution to a coordination problem as it ensures that all firms can share and understand the same information about malware, which allows for more effective prevention and response measures. This solution requires coordination between experts across different organizations to come up with a standardized format that everyone can adopt.

Which of the Following Is an Example of a Solution