A Public Good That Would Benefit Karen,Tammy,and Max Has a One

question 139

Multiple Choice

A public good that would benefit Karen,Tammy,and Max has a one time installation cost of $900.These three voters must approve any tax plan by simple majority and all three will cast a vote. $$\begin{array} { | c | c | c | } \hline \text { VOTER } & \text { RESERVATION PRICE } & \text { INCOME } \\\hline \text { Kris } & \$ 100 & \$ 1000 \\\hline \text { Taylor } & \$ 200 & \$ 5000 \\\hline \text { Max } & \$ 700 & \$ 6000 \\\hline\end{array}$$
Suppose the government proposes a proportional income tax of 8%.The result of the referendum will be that

• A)all three voters will vote for the tax.
• B)Max and Taylor will vote against the tax but Kris will vote for it.
• C)Kris and Max will vote for the tax,Taylor will vote against it.
• D)all three voters will vote against the tax.

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Definitions:

Completed Project

A project that has been finished, fulfilling all its objectives and requirements within the predetermined scope, time, and budget.

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