a Seth Chapter 11 HW Complete the following table with each roommates to win to pay movies and he wilderna Total Willingness to Pay (Dollars) Consumer Surplus (Dollars) Roommate Carlos Falls LAPTY Raphael In order to set the cost in a way that ensures that everyone benefits the could be divided up on the benefits achter The practical problem win this solution is that each roots an incentive to the theme they are not crote the efficient number and taste the evil in tee when Cabinets witness to say he will have a new to tell the truth Paie These are the promotion le Grade R how Beve & Co Q Search this Chapter 11 HW Complete the following table with each roommate's total willingness to pay for this many movies and the surplus each person obtains from watching the movies. Total Willingness to Pay (Dollars) Consumer Surplus (Dollars) Roommate Carlos Felix Larry Raphael In order to split the cost in a way that ensures that everyone benefits, the cost could be divided up based on the benefits each roommate receives. The practical problem with this solution is that each roommate has an incentive to the value of the movies to him Suppose they agree in advance to choose the efficient number and to split the cost of the movies equally True or Falset When Carlos is asked his willingness to pay, he will have an incentive to tell the truth, True False This examples teaches you that the optimal provision of a public good will occur if individuals the good an incentive to hide their valuation of Grado It Now Save & Continue Continue without having