Imagine you are the mayor of a town and you are trying to decide if you should pay for a fireworks show. Your staff survey your 400 citizens who say that they each value a fireworks show at $10. The fireworks show only costs $3,000 so you put on the show but when you ask for donations to pay for the fireworks you only receive $25 total. What does this result show? Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a You staff's survey must have overestimated the value of a fireworks show. b The fireworks cost must have been greater than their economic benefit. c The firework show suffered from the Tragedy of the Commons problems d The town's citizens were free-riders