Matt is offered a job driving the campus shuttle bus from 4 P.M.to 6 P.M.each Monday.His reservation wage for this job is $7/hour.
Now suppose the director offers Matt $50/hour,but also announces that the earnings from the job will be divided equally among Matt and four other students.Will Matt still accept this job?
A) No,because the other students are free riders.
B) No,because it is not fair for Matt to do the work and then have to share the wage.
C) Yes,because $50 divided by five is greater than Matt's reservation wage.
D) Yes,because Matt believes in the Rawlsian theory of justice.
Correct Answer:
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