22 Jul HOW MUCH WILL TIMMY CONTRIBUTE TO THE POOL?
Assume that Timmy lives in the rough east side of Oakland. Here it is quite common for graffiti to Show more Assume that Timmy lives in the rough east side of Oakland. Here it is quite common for graffiti to show up everywhere. Peoples cars and sides of houses get tagged or have graffiti written on them. The neighborhood Timmy lives in is fed up with the graffiti. One suggestion is to have a voluntary community fund to pay for extra police patrols in the neighborhood to ward off graffiti. There are 1000 people in Timmys neighborhood and each is recommended to contribute $10 a month. Timmys car got tagged recently so he could benefit. Timmy has decided to take a free rider approach. Given his thinking How much will Timmy contribute to the pool? So what I did is 10*1000 = 10000 and it was wrong.. Please help im so confused Show less
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