They agreed to split the costs of their long-distance phone, Econometrics

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They agreed to split the costs of their long-distance phone

When I was in graduate school, I shared an apartment with a fellow who was madly in love with a woman who lived in another city. They agreed to split the costs of their long-distance phone calls equally, regardless of who placed the call. What is the implication of this fee-sharing arrangement?

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Econometrics: They agreed to split the costs of their long-distance phone

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