Those who like gnomes do not want to see a single turtle ornament in anyone else’s garden. If they do see one, it lowers their home value by $20,000. Similarly, if those who like turtles see a gnome, their values go down by $20,000. If either type installs the ornament that they like, it raises their valuation of their own property by $10,000. If you are the director of the homeowners association, should you let everybody do what they want, or should you make a rule about the display of garden ornaments? What rule should you use in order to make that decision?

Respuesta :

Answer:

The rule should be made about the display of the garden ornaments. The home owners should be allowed to display garden ornaments that they like.

Explanation:

Many home owners like to decorate their house and the garden area ear their house. They use to place ornaments and decorations that look pleasant to them but others might not like them. If a home places a gnome their own house value will be decreased by $20,000. As some people do not like gnomes they will consider it to rotten the beauty of the house resulting in the decrease in value of the house. As a director of home owners I would not let everyone do whatever they like instead rules should be set which will result in the maximization of the property value.