When more than one person is responsible for getting something done, the incentive is for each individual to shirk responsibility in the hope that the others will pull the extra weight. this is referred to as:

Gretta needs a $300,000 mortgage and is offered two choices. the monthly payments for the fixed rate and predicted payments for the arm are shown. adjustable rate mortgage year monthly payment 1-15 $1,610.46 adjustable rate mortgage year monthly payment 1-5 $1,520.06 6-15 $1,728.54 what is the difference between the total costs of the mortgages rounded to the nearest hundred? $8,700 $1,700 $15,800 $5,000