Suppose 10 Workers Jointly Own and Farm a Piece of Land

question 56

Multiple Choice

Suppose 10 workers jointly own and farm a piece of land.  They all consume the farm's output in equal shares.  If one worker decides to shirk and cuts her labor effort by 50 percent,

• A) her consumption will decrease by 50 percent.
• B) her consumption will decrease by greater than 50 percent.
• C) her consumption will decrease by less than 50 percent.
• D) her consumption will not change.

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