Examlex

Solved

Use the Following Preference Table for an Election to Be \quad

question 66

Short Answer

Use the following preference table for an election to be decided by sequential pairwise voting to answer the Questions .
\quad \quad \quad \quad \quad \quad \quad Number of voters \text { Number of voters }
111 First choice ABE Second choice EDD Third choice BAC Fourth choice CCB Fifth choice DEA\begin{array}{llll} & 1 & 1 & 1 \\\text { First choice } & \mathrm{A} & \mathrm{B} & \mathrm{E} \\\text { Second choice } & \mathrm{E} & \mathrm{D} & \mathrm{D} \\\text { Third choice } & \mathrm{B} & \mathrm{A} & \mathrm{C} \\\text { Fourth choice } & \mathrm{C} & \mathrm{C} & \mathrm{B} \\\text { Fifth choice } & \mathrm{D} & \mathrm{E} & \mathrm{A}\end{array}
-Is there an agenda for which candidate A wins? If so, give an example.


Definitions:

Input Prices

The cost of goods, services, and materials that are used to produce other goods or services.

Suppliers' Expectations

The anticipations or beliefs of suppliers about the future conditions of the market that can influence their decisions on production and pricing.

Price of the Good

The amount of money required to purchase a specific product or service in the market.

Resources Used

This term encompasses all the inputs, including labor, capital, and natural resources, utilized in the production of goods and services.

Related Questions