What could he do to improve his chances of success

Reference no: EM131132272

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?

Reference no: EM131132272

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