Use the Following Information to Answer the Questions
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question 41

Essay

Use the following information to answer the Questions
A 17-member committee must elect one of four candidates: R, S, T, or W. See the preference schedule below. $\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\text { Number of }$
$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\text { metnbers }$
$\begin{array}{lllll}&6&4&3&4\\\text { First choice } & \mathrm{R} & \mathrm{S} & \mathrm{T} & \mathrm{W} \\\text { Second choice } & \mathrm{S} & \mathrm{R} & \mathrm{S} & \mathrm{T} \\\text { Third choice } & \mathrm{T} & \mathrm{T} & \mathrm{R} & \mathrm{S} \\\text { Fourth choice } & \mathrm{W} & \mathrm{W} & \mathrm{W} & \mathrm{R}\end{array}$
-In a plurality runoff election, candidate S wins. What would happen if the four voters who prefer W insincerely voted for T instead? Is this in their best interests?

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Definitions:

Note

A financial document that represents an agreement for one party to pay another by a certain date, often used to denote debt.

Receivables Owners

Individuals or entities that are entitled to receive payments from customers or clients for goods delivered or services provided.

Accelerate Receipt

Accelerate Receipt refers to the process of speeding up the collection or receipt of funds, often related to accounts receivable or other receivables.

Formal Instruments

Legally binding documents that record obligations, rights, or processes, such as contracts, deeds, or promissory notes.