Examlex
A Borda count is used to decide an election between three candidates, x, y, and z, where a score of 1 is awarded to a first choice, 2 to a second choice, and 3 to a third choice.There are 20 voters.4 voters rank the candidates x first, y second, and z third; 5 voters rank the candidates x first, z second, and y third; 8 rank the candidates z first, y second, and x third; and 3 voters rank the candidates y first, z second, and x third.Which candidate wins?
Price Control
Government-imposed restrictions on the maximum prices that can be charged for goods and services to control inflation or protect consumers.
Spanish Textbooks
Educational books written in or translated into Spanish, specifically designed for learning the Spanish language or other subjects in Spanish-speaking regions.
Profitable
A financial state where revenues exceed expenses, leading to a positive net income.
Binding Price Floor
A minimum price set by the government or regulatory body that is above the equilibrium price, causing a surplus in the market.
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