Answer the Question on the Basis of This Table Showing

question 131

Multiple Choice

Answer the question on the basis of this table showing the marginal benefit that a particular public project will provide to each of the three members of a community. No vote trading is allowed. If the tax cost of this proposed project is $600 per person, a majority vote will

• A) defeat this project and resources will be underallocated to it.
• B) defeat this project and resources will be allocated efficiently.
• C) pass this project and resources will be overallocated to it.
• D) defeat this project and resources will be overallocated to it.

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Definitions:

Representativeness Heuristic

A mental shortcut that involves making judgments about the probability of an event under uncertainty, based on how similar it is to our stereotypes of similar occurrences.

Overregularization

This refers to a common phenomenon in language learning where individuals apply regular grammatical rules to words that are exceptions, often observed in children mastering a language.

Adaptive Problems

Challenges that require adjustment or change in behavior or strategies to effectively address them.

Evolutionary Psychologists

Researchers who study how evolutionary principles, such as natural selection and adaptation, influence human thoughts, feelings, and behaviors.