The Results of an Election Are Summarized in the Preference

question 28

Multiple Choice

The results of an election are summarized in the preference table below.

$\begin{array}{l|llll}\text { Number of votes } & 10 & 8 & 12 & 14 \\\hline \text { First choice } & \text { B } & \text { A } & \text { B } & \text { C } \\\text { Second choice } & \text { A } & \text { C } & \text { C } & \text { A } \\\text { Third choice } & \text { C } & \text { B } & \text { A } & \text { B }\end{array}$

Using the pairwise comparison voting method, determine the winner.

• A) C
• B) A
• C) B

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Definitions:

Simultaneous Game

A strategic interaction (game) between two or more parties (players) in which every player moves (makes a decision) at the same time.

Advertising

A form of marketing communication used to promote or sell a product, service, or idea through various media vehicles.

Brand Loyalty

A consumer's preference to buy a particular brand's product over competitors, often due to a perceived superiority or emotional connection to the brand.

Monopoly Power

The ability of a single company or entity to control a majority share of the market for a particular good or service, often resulting in limited choices for consumers.