Consider the Weighted Voting System [25: 18,14, W₃]

question 39

Short Answer

Consider the weighted voting system [25: 18,14, w₃] . What is the largest possible value for the weight w₃ which guarantees P₃ is the only player who is a dummy?

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Definitions:

Acid-test Ratio

A financial metric used to evaluate a company's short-term liquidity, calculated by dividing liquid assets by current liabilities.

Financing Activities

Financial transactions that involve raising capital and repaying investors, such as issuing equity, securing loans, or paying dividends, which impact a company's cash flow.

Business Activities

Various processes and tasks undertaken by businesses, including operations, marketing, management, and financial transactions.