Table 22-6 -Refer to Table 22-6.The Table Shows the Preferences for Three

question 26

Multiple Choice

Table 22-6

-Refer to Table 22-6.The table shows the preferences for three types of voters over three possible outcomes: A,B,and C.The table also shows the percentage of voters of each type.Based on this information,which of the following statements is true?

• A) In a vote between B and C, C loses since only the Type 1 voters prefer C to B.
• B) In a vote between A and B, B wins getting 85% of the total vote.
• C) In a vote between A and C, C loses getting only 45% of the total vote.
• D) Both a and b

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Definitions:

Merchandise

Products or goods that are bought, sold, or traded in the course of business.

Trade Discount

A reduction from the list price granted by a seller to a buyer, often based on volume or trade practices.

List Price

The initial sales price of a product or service before any discounts or allowances are applied.

Cash Discount

A reduction in the invoice amount offered by a seller to a buyer as an incentive for early payment, typically within specific terms.