-Use the Scenario and Preference Schedule from Problem 7

question 40

Short Answer

-Use the scenario and preference schedule from problem 7. Suppose that Dr. Davis (D) has to withdraw her name from consideration. Remove D from the preference table and shift all votes up one slot. Who will be chosen as the candidate to head up the Committee on Voting Standards, if the trustees use the Plurality with Elimination Method with the new preference table?

---

Definitions:

Social Costs

The total cost to society, including both private costs incurred by producers and also any costs inflicted on third parties, such as pollution.

Pollution Reduction

The process of decreasing the quantity of pollutants released into the environment, typically involving strategies and technologies to clean air, water, and soil.

Pollution Rights

Legal permits allowing companies or organizations to emit a specific amount of pollutants into the environment.

Monetary Incentive

A financial reward or penalty designed to encourage or discourage certain behaviors or actions within an economic framework.