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Use the Preference Schedule of 23 Voters for Three Candidates \quad

question 95

Short Answer

Use the preference schedule of 23 voters for three candidates (A, B, and C) shown below to answer the following Questions
\quad \quad \quad \quad \quad \quad \quad Number of students \text { Number of students }
8564 First choice ACBB Second choice CACA Third choice BBAC\begin{array}{lllll}& 8 & 5 & 6 & 4 \\\text { First choice } & \mathrm{A} & \mathrm{C} & \mathrm{B} & \mathrm{B} \\\text { Second choice } & \mathrm{C} & \mathrm{A} & \mathrm{C} & \mathrm{A} \\\text { Third choice } & \mathrm{B} & \mathrm{B} & \mathrm{A} & \mathrm{C}\end{array}
-Which candidate wins if an election is held between A and C and the winner of that race runs against B?

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Definitions:

Effective Price

The actual price paid by consumers after accounting for taxes, subsidies, or any other adjustments to the sticker price.

Sellers

individuals or entities that offer goods or services in exchange for payment.

Rent-Control Laws

Legislation that limits the amount landlords can charge for rent, typically aimed at making housing more affordable for tenants.

Maximum Rent

The highest price that can be charged for a property or piece of land, often regulated by law in rent-controlled areas to protect tenants from excessive rent increases.

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