Your Instructor Has Organized the Class into Groups of Three

question 36

Multiple Choice

Your instructor has organized the class into groups of three students each and assigned each group a research project on different aspects of the workings of Congress.Regardless of the individual contributions of each group member,all three students of each group will receive the same grade based on the quality of the project.After numerous attempts to organize the group to work on the project,you realize the third student in your group will not participate.Instead,you and the second student get together to finish the project since both of you are very concerned about your final grade in the class.However,you are both angry that the third student is going to benefit from your hard work without contributing.Had the instructor told each group that each student's grade on the project would be based on their individual contributions,which problem would the instructor have avoided?

• A)a delegation problem
• B)an empirical problem
• C)a collective action problem
• D)a free-rider problem
• E)a principal-agent problem

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Definitions:

Estimate

A calculation or judgment made about a quantity or value when exact figures are not available or necessary.

Significant Figure

A digit within a number that contributes to its precision, indicating the accuracy of measurements.

Scientific Notation

A method of expressing numbers as a product of a coefficient and a power of ten, used for very large or small numbers.

Milligrams

A unit of mass in the metric system equal to one thousandth of a gram.