-Construct a Voter Profile for 41 Voters and 4 Candidates

question 61

Essay

$\begin{array} { c | l } \text { Number of Voters } & \text { Ranking } \\\hline 15 & \mathrm {~b} > \mathrm { a } > \mathrm { c } > \mathrm { d } \\11 & \mathrm { c } > \mathrm { a } > \mathrm { d } > \mathrm { b } \\9 & \mathrm {~d} > \mathrm { c } > \mathrm { a } > \mathrm { b } \\5 & \mathrm { a } > \mathrm { d } > \mathrm { c } > \mathrm { b } \\1 & \mathrm { c } > \mathrm { d } > \mathrm { a } > \mathrm { b }\end{array}$
-Construct a voter profile for 41 voters and 4 candidates that has a Condorcet Candidate that fails to be elected by both the Borda Method and the Hare Method.

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Definitions:

Variable Costs

Costs that vary directly with the level of production or output of a firm.

Total Revenue

The total income a firm receives from selling its goods or services, calculated as the quantity sold multiplied by the price per unit.

Total Cost

The total expenses a company incurs to produce a specific quantity of goods, encompassing both constant and fluctuating costs.

Marginal Output

The additional output that results from the use of one more unit of a production input, assuming other inputs are constant.