Table 22-18 the Following Table Shows the Preferences of Four Types of Types

question 254

Multiple Choice

Table 22-18
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 22-18. 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

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Definitions:

Equity

The value of an asset after deducting the amount of all liabilities on that asset, representing an owner's interest in a company.

Expenses

Costs incurred by a business in the process of earning revenue, including costs such as rent, utilities, and salaries.

Equity

The remaining interest in a company's assets after all debts are subtracted, signifying the owner's stake in the business.

Dividends

Funds disbursed by a company to its stockholders, originating from the firm's profits.