Given the Weighted Voting System [51: 45, 43, 7, 5] $I \{ A \}$

question 28

Multiple Choice

Given the weighted voting system [51: 45, 43, 7, 5], which of the following is a blocking coalition?
$I \{ A \}$
II $\{ B , C \}$
III $\{ \mathrm { C } \}$

• A) II only
• B) I and II
• C) I, II, and III
• D) none

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Definitions:

Economic Profit

The difference between total revenues and the total costs of a firm, including both explicit and implicit costs.

Gas Station

A retail business establishment that sells fuel and engine lubricants for motor vehicles.

Prices Charged

The amount of money demanded by a business in exchange for its goods or services.

Long Run

A period during which all factors of production and costs are variable, allowing firms to adjust to desired levels.