Problem
Fifty residents of a college dorm all like espresso. An espresso machine costs $1,000. Each dorm resident is willing to pay up to $50 for the machine. One resident, Eugene, decides to take up a collection. Assuming there is no way to make other residents contribute, is Eugene likely to raise the necessary $1,000? Why or why not? What could he do to improve his chances of success?
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.