Answer the Question on the Basis of This Table Showing

question 25

Multiple Choice

Answer the question on the basis of this table showing the marginal benefit that a particular public project will provide to each of the three members of a community. No vote trading is allowed. If the tax cost of this proposed project is $300 per person, a majority vote will

• A)defeat this project and resources will be underallocated to it.
• B)pass this project and resources will be allocated efficiently.
• C)pass this project and resources will be underallocated to it.
• D)defeat this project and resources will be overallocated to it.

---

Definitions:

Unpaid Child-Support

Outstanding financial payments that a parent is legally obligated to make to support their child's upbringing and welfare but has failed to pay.

Chapter 13

A bankruptcy process allowing individuals with regular income to develop a plan to repay all or part of their debts under court supervision.

Bankruptcy Filing

The formal process by which an individual or business declares their inability to pay off debts and seeks relief from some or all of these debts through the court.

Minimum Standard

The lowest level of acceptable quality or performance in a given area, often set by regulatory bodies.