A Group of 12 Students Have to Decide Among Three $\quad$

question 87

Multiple Choice

A group of 12 students have to decide among three types of pizza: sausage (S) , mushroom (M) , and beef (B) . Their preference rankings are shown below. Which choice will the group make if they use the plurality-runoff voting method? $\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\text { Number of students }$
$\begin{array} { l l l l l l } & 3 & 3 & 2 & 2 & 2 \\\text { First choice } & \mathrm { B } & \mathrm { M } & \mathrm { S } & \mathrm { B } & \mathrm { S } \\\text { Second choice } & \mathrm { M } & \mathrm { S } & \mathrm { M } & \mathrm { S } & \mathrm { B } \\\text { Third choice } & \mathrm { S } & \mathrm { B } & \mathrm { B } & \mathrm { M } & \mathrm { M }\end{array}$

• A) S
• B) M
• C) B
• D) No winner can be chosen.

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Definitions:

Cash Break-Even

The point at which a company's cash inflows match its cash outflows, indicating no net gain or loss.

Fixed Costs

Costs that do not vary with the level of production or sales, remaining constant regardless of business activity levels.

Financial Break-Even

The point at which a project or company generates enough revenue to cover its operating and financial expenses.

Variable Costs

Costs that vary directly with the level of production or volume of output, such as materials and labor directly involved in a company's manufacturing process.