Sefronia and Bella share an apartment and they are deciding whether or not to purchase a weekly housecleaning service. The value of the service to each of them is​ $50 and it costs​ $80 to hire a housecleaner. Should they hire a​ housecleaner?   A. ​Yes, if each contributes​ $50, then each stands to gain a consumer surplus.   B. ​No, because each will wait for the other to hire the housecleaner.   C. ​Yes, but only if a housecleaner will accept​ $50 so that each can take turns to pay the housecleaner.   D. ​No, because it will be difficult for them to agree on which housecleaning service to use.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Sefronia and Bella share an apartment and they are deciding whether or not to purchase a weekly housecleaning service. The value of the service to each of them is​ $50 and it costs​ $80 to hire a housecleaner. Should they hire a​ housecleaner?
 
A.
​Yes, if each contributes​ $50, then each stands to gain a consumer surplus.
 
B.
​No, because each will wait for the other to hire the housecleaner.
 
C.
​Yes, but only if a housecleaner will accept​ $50 so that each can take turns to pay the housecleaner.
 
D.
​No, because it will be difficult for them to agree on which housecleaning service to use.
 
 
 
 
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