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Kris, Taylor and Max are the only three residents in a neighborhood. A public good that would benefit all of them has a one-time installation cost of $900. The value of the public good to each resident is shown in the table below. Any tax plan must be approved by simple majority.
Installing the public good would ________ total economic surplus by ________.
Serve Followers
A leadership approach focused on the needs, development, and wellbeing of followers, prioritizing their interests.
Earn Respect
Achieving admiration and esteem from others through one’s actions, behavior, and character.
Spiritual Leader
A person who guides others on a religious or spiritual path, often inspiring and encouraging personal growth and understanding.
Servant Leader
A leadership philosophy which emphasizes the leader's role as one that serves the needs of others first, promoting the growth and well-being of individuals and the community.
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