Three Persons,A,B,and C,will Use a Simple Majority Vote to Determine

question 81

Multiple Choice

Three persons,A,B,and C,will use a simple majority vote to determine whether some good will be purchased.Each person's "tax share" of the purchase price of the good will be $25.Person A receives $30 worth of benefits from the good,person B receives $26 worth of benefits from the good,and person C receives $2 worth of benefits from the good.It follows that __________ person(s) will vote for the good,__________ person(s) will vote against it,and that the outcome is __________.

• A) one; two; inefficient
• B) two; one; efficient
• C) one; two; efficient
• D) two; one; inefficient

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Definitions:

Voice

The expression of opinions, concerns, or suggestions, particularly in a context where such input is solicited to encourage participation or improvement.

Forms

Refers to types or variations of something, often used in administrative, survey, or data collection contexts.

Organizations

Entities, often comprising groups of people, structured to achieve particular goals or perform specific functions.

Grapevine Information

Informal channels of communication within an organization, often based on rumored information or gossip, which can spread rapidly.