You Have Compiled the Following Information on the Shoe Store

question 38

Multiple Choice

You have compiled the following information on the Shoe Store:

What is the amount of the net capital spending for 2017?

• A)$224
• B)$639
• C)-$224
• D)$362
• E)$191

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Definitions:

Majority Rule

A decision rule that selects alternatives which have a majority, that is, more than half the votes.

Median Voter Theorem

A political science theory suggesting that the outcome of a majority-vote election is most likely to represent the preferences of the median voter.

Majority Rule

A decision-making process where the choice supported by more than half of the members in a group is accepted or becomes the decision.

Median Voter Theorem

A theory suggesting that a majority rule voting system will select the outcome most preferred by the median voter.