Five students are taking part in the Campus Talent Show. Each of the five students will perform their talent in front of an audience and once all the performers have finished the audience members will rank each participant in order of preference. The candidate who has the highest ranking will move on to the national competition. The final preference schedule is given below.
Rank the five students using the Borda Count Method.
Definitions:
Nuts
Edible seeds encased in a hard shell, often consumed as a snack or used as an ingredient in various dishes.
Berries
Fruits that are characterized by their soft texture and seed-containing interior; commonly consumed fresh or in various culinary preparations.
Utility Function
A mathematical representation of how different bundles of goods or services are ranked in terms of their utility or satisfaction to a consumer.
Marginal Rate of Substitution
The rate at which a consumer is willing to substitute one good for another while maintaining the same level of utility.
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