Table 22-11 the Following Table Shows the Preferences of Four Types of Types

question 241

Multiple Choice

Table 22-11
The following table shows the preferences of four types of voters over four possible alternatives as well as the percentage of the electorate with the given preferences.

-Refer to Table 22-11.Suppose voters first choose in a majority vote between W and X.Second,voters choose in a majority vote between the winner of the first vote and Y.Third,voters choose in a majority vote between the winner of the second vote and Z.Which alternative will win?

• A) W
• B) X
• C) Y
• D) Z

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Definitions:

Capital Investment Proposal

A formal request or plan for spending on large-scale projects or purchases, intended to improve a company's assets or operations.

Internal Rate of Return Method

A financial metric used to evaluate the profitability of potential investments, calculating the discount rate that makes the net present value of all cash flows from a particular project equal to zero.

Average Annual Income

The average amount of money earned per year over a specified period, often used to assess financial stability.

Accounting Rate of Return

A financial metric used to assess the profitability of an investment, calculated by dividing the average annual accounting profit by the initial investment cost.