A Village Has Five Residents,each of Whom Has Accumulated Savings

question 112

Multiple Choice

A village has five residents,each of whom has accumulated savings of $50.Each villager can use the money to buy a government bond that pays 10% interest per year or to buy a year-old goat,send it onto the commons to graze,and sell it after one year.The price of the goat that the villager will get at the end of the year depends on the amount of weight it gains while grazing on the commons,which in turn depends on the number of goats sent onto the commons,as shown in table below. $$\begin{array} { c c c } \begin{array} { c } \text { Number of goats } \\\text { on the commons }\end{array} & \begin{array} { c } \text { Price per 2-year-old } \\\text { goat (\$) }\end{array} & \begin{array} { c } \text { Income per goat } \\\text { (\$/year) }\end{array} \\1 & 80 & 30 \\2 & 75 & 25 \\3 & 70 & 20 \\4 & 65 & 15 \\5 & 55 & 5\end{array}$$
Refer to the information given above.If each villager is purely self-interested,how many goats will be sent onto the commons?

• A) 2
• B) 3
• C) 4
• D) 5

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Definitions:

Dopamine Receptors

Proteins located in various regions of the brain that interact with the neurotransmitter dopamine, playing a key role in many functions including movement, mood, and reward.

Serotonin Reuptake

The process by which serotonin is absorbed by the presynaptic neuron after it has been released into the synaptic cleft.

Antipsychotic Medications

Drugs used to treat symptoms of severe psychiatric disorders, such as schizophrenia or bipolar disorder, by influencing neurotransmitter levels in the brain.

Debilitating Side Effects

Refers to adverse reactions from treatments or medications that significantly impair an individual's ability to function normally.