A Borda Count Is Used to Decide an Election Between

question 10

Multiple Choice

A Borda count is used to decide an election between three candidates, x, y, and z, where a score of 1 is awarded to a first choice, 2 to a second choice, and 3 to a third choice.There are 25 voters.10 voters rank the candidates x first, y second, and z third; 7 voters rank the candidates x first, z second, and y third; 5 rank the candidates z first, y second, and x third; and 3 voters rank the candidates y first, z second, and x third.Which candidate wins?

• A)Candidate x.
• B)Candidate y.
• C)Candidate z.
• D)There is a tie between x and y, with z coming in third.
• E)There is a tie between y and z, with x coming in third.

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Definitions:

Homogeneous Oligopoly

A market structure featuring a small number of firms offering products or services that are largely identical or undifferentiated.

Virtually Identical

Items or situations that are almost the same or very closely resemble each other in most aspects.

Price

The amount of money required to purchase a good or service, often determined by the interplay of supply and demand.

Output

The quantity of goods or services produced by a business, industry, or economy within a certain period.