​Use the Following Case from Question

question 29

Multiple Choice

​Use the following case from question
Two roommates John and Joe are playing a simultaneous game of cleaning the apartment.If neither of them clean,the apartment gets filthy and both get a utility of 2.If John cleans and Joe doesn't,John gets a utility of 1 and Joe gets a utility of 4.If Joe cleans and John doesn't,Joe gets a utility of 1 and John gets a utility of 4 and if both clean up the apartment,they each get a utility of 3.
-​If the apartment owner decides to fine both the roommates if the apartment is dirty,such that now if neither of them clean they each get a 5 utility loss,what would the new equilibrium be now?

• A)​John cleans,Joe doesn't
• B)Joe cleans,John doesn't
• C)Neither of them clean the apartment
• D)​Both A&B

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Definitions:

Original Owners

The first individuals or entities to have legal possession or control of a property or asset.

New Crankshaft

A critical engine component designed to convert the linear motion of pistons into rotational motion to power a vehicle.

Used Cars

Second-hand vehicles that were once registered and utilized by one or more prior owners.

Marginal Products

The extra output that is produced by using one more unit of a particular input, holding all other inputs constant.