Web Sites Like Napster Demonstrate That the Pursuit of Self-Interest

question 92

Multiple Choice

Web sites like Napster demonstrate that the pursuit of self-interest can lead to a collective disaster when one or more people start to profit from being unethical because this encourages other people to act in the same way. This exemplifies a situation known as the _____.

• A) "race to the bottom"
• B) "tragedy of the commons"
• C) "prisoner's dilemma"
• D) "war of attrition"
• E) "the market for lemons"

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Definitions:

Hardened

A process or condition of making or becoming more rigid, tough, or resistant usually through heat treatment or alloys in metals.

Vocational Off-highway

Pertaining to specialized vehicles used in industries such as construction, mining, and agriculture that operate primarily off public roads.

Linehaul Trucking

The transportation of goods over long distances, typically between cities or major ports, using large trucks.

Less-than-load

A shipping term that refers to cargo that does not require the full space of a truck or shipping container, often abbreviated as LTL.