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If the Citizens Got Together for a City Referendum on the Issue

question 17

Essay

If the citizens got together for a city referendum on the issue, and each voted for an amount of fireworks, knowing that each would pay their share (1/3) of the cost, how would the vote come out in a majority rule situation? Why is this not the socially efficient amount?


Definitions:

Predict

To declare or indicate in advance; especially to foretell on the basis of observation, experience, or scientific reason.

Products

The substances that are formed as a result of a chemical reaction.

Major Organic Product

The primary product resulting from an organic reaction, typically the one in greatest yield or of greatest importance.

Mechanism

The detailed step-by-step description of how a chemical reaction occurs at the molecular level.

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