Question: Three roommateslong dash Tinker , Evers , and Chancelong dash share an apartment. It is really cold outside and they are considering turning up the

Three
roommateslong dashTinker,
Evers, and
Chancelong dashshare
an apartment. It is really cold outside and they are considering turning up the thermostat in the apartment by1,2,3, or 4 degrees. Their individual marginal benefits from making it warmer in the apartment are as follows:
Tinker
Evers
Chance
1 degree
$1515
$1212
$99
2 degrees
$1212
$99
$66
3 degrees
$99
$66
$33
4 degrees
$66
$33
$0
Part 2
They know that each time they raise the temperature in the apartment by 1 degree, their heating bill goes up by
$3030.
Part 3
To maximize social benefit, they should raise the temperature by
1 degree
3 degrees
2 degrees
4 degrees
.

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