Imagine that you are at a party. Suppose that initially everyone converses at a
ID: 1255224 • Letter: I
Question
Imagine that you are at a party. Suppose that initially everyone converses at a normal volume. However, as more people arrive at the party, people have trouble hearing each other even though everyone speaks at a normal volume. To overcome this, some people raise their voices, which in turn causes everyone else to raise their voices as well. The outcome is a rise in the overall noise level, but no one hears any better than before (when everyone spoke at a normal level). Everyone leaves the party with a sore throat.This is an example of:
A. Cooperative behavior
B. A prisoners' dilemma
C. Perfect competition
D. Collusion
Explanation / Answer
A. Cooperative behavior