The Results of an Election Are Summarized in the Preference

question 8

Multiple Choice

The results of an election are summarized in the preference table below. Using the plurality-with-elimination method of voting, determine the winner.

• A)X
• B)Z

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Definitions:

Production Volume

The total quantity of products or goods produced by a company within a specific period.

High-low Method

A technique used in cost accounting to estimate fixed and variable costs associated with production by analyzing the highest and lowest levels of activity.

Maintenance Cost

Expenditures associated with the upkeep of buildings, equipment, and machines to ensure efficient operation and prolong their life.

Mixed Cost

A cost that contains both variable and fixed cost elements, meaning part of it changes with the level of activity while another part remains constant.