Answer the Question on the Basis of This Table Showing

question 141

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 $300 per person, a majority vote will

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

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Definitions:

Air Traffic

The movement of aircraft within the airspace system, and the operational procedures, technical infrastructure, and personnel that control and manage it.

Property Rights

Legal rights to possess, use, and dispose of assets including real estate, intellectual property, and other possessions.

Negatively Affects

Refers to actions or factors that result in a detrimental impact on something.

Air Traffic

The regulated flow of aircraft in the sky, encompassing all aspects of airborne transportation and management.