Write a Voter Profile for the Voting Situation $\text { Write a voter profile for these ballots. }$

question 59

Multiple Choice

Write a voter profile for the voting situation.
-Eight voters are asked to rank 3 brands of automobiles: A, B, and C. The eight voters turn in the following ballots showing their preferences in order: $\begin{array}{l|llllllll}\text { Voter } & \# 1 & \# 2 & \# 3 & \# 4 & \# 5 & \# 6 & \# 7 & \# 8 \\\hline \text { 1st place } & \mathrm{C} & \mathrm{B} & \mathrm{A} & \mathrm{A} & \mathrm{C} & \mathrm{B} & \mathrm{B} & \mathrm{A} \\\hline \text { 2nd place } & \mathrm{B} & \mathrm{C} & \mathrm{B} & \mathrm{B} & \mathrm{B} & \mathrm{C} & \mathrm{A} & \mathrm{B} \\\hline \text { 3rd place } & \mathrm{A} & \mathrm{A} & \mathrm{C} & \mathrm{C} & \mathrm{A} & \mathrm{A} & \mathrm{C} & \mathrm{C}\end{array}$
$\text { Write a voter profile for these ballots. }$

• A)
• \(\begin{array}{c|l}
• \text { Number of Voters } & \text { Ranking } \\
• \hline 3 & \mathrm{~A}>\mathrm{B}>\mathrm{C} \\
• 2 & \mathrm{~B}>\mathrm{A}>\mathrm{C} \\
• 1 & \mathrm{~B}>\mathrm{C}>\mathrm{A} \\
• 2 & \mathrm{C}>\mathrm{A}>\mathrm{B}
• \end{array}\)
• B)
• \(\begin{array}{c|l}
• \text { Number of Voters } & \text { Ranking } \\
• \hline 3 & \mathrm{~A}>\mathrm{B}>\mathrm{C} \\
• 2 & \mathrm{~B}>\mathrm{A}>\mathrm{C} \\
• 1 & \mathrm{~B}>\mathrm{C}>\mathrm{A} \\
• 2 & \mathrm{C}>\mathrm{B}>\mathrm{A}
• \end{array}\)
• C)
• \(\begin{array}{c|l}
• \text { Number of Voters } & \text { Ranking } \\
• \hline 3 & \mathrm{~A}>\mathrm{B}>\mathrm{C} \\
• 1 & \mathrm{~B}>\mathrm{A}>\mathrm{C} \\
• 2 & \mathrm{~B}>\mathrm{C}>\mathrm{A} \\
• 2 & \mathrm{C}>\mathrm{A}>\mathrm{B}
• \end{array}\)
• D)
• \(\begin{array}{c|l}
• \text { Number of Voters } & \text { Ranking } \\
• \hline 3 & \mathrm{~A}>\mathrm{B}>\mathrm{C} \\
• 1 & \mathrm{~B}>\mathrm{A}>\mathrm{C} \\
• 2 & \mathrm{~B}>\mathrm{C}>\mathrm{A} \\
• 2 & \mathrm{C}>\mathrm{B}>\mathrm{A}
• \end{array}\)

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Definitions:

Cash Inflow

The total amount of money being transferred into a business, from operations, investments, or financing activities.

Incremental Analysis

A financial decision-making approach focusing on the costs and revenues that change due to a specific decision.

Costs

Costs represent the monetary value spent on resources, labor, and other expenses necessary for the production of goods or services.

Sunk Cost

An expense that is irreversible and non-recoverable, hence it should not affect upcoming corporate choices.