Explain how the example illustrates problem of public goods


Problem

You and your roommate have a stack of dirty dishes in the sink. Either of you would wash the dishes if the decision were up to you; however, neither will do it in the expectation (hope?) that the other will deal with the mess. Explain how this example illustrates the problem of public goods and free riding.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Explain how the example illustrates problem of public goods
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