Say you belong to a group that has fifty members (N), and in order to get a particular benefit (B. you need fifteen members (K) to contribute. Those who contribute to the provision of the benefit pay a cost (C). Of course, B > C. If you know that ten members of the group (aside from yourself) are willing to contribute, what should you do?

Question

Landin

Social Studies

26 January, 14:40

Say you belong to a group that has fifty members (N), and in order to get a particular benefit (B. you need fifteen members (K) to contribute. Those who contribute to the provision of the benefit pay a cost (C). Of course, B > C. If you know that ten members of the group (aside from yourself) are willing to contribute, what should you do?

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Answers (1)

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Sherlock · Answer 1

You should not contribute

Explanation:

If 15 contributions are needed for you to benefit and only 10 members are willing to contribute, even if you decide to contribute you are still not eligible for the benefit since you are not up to 15, thus it will be a waste of fund to contribute.