Calculate the Shapely-Shubik Power Index for Each Voter in the Weighted

question 104

Multiple Choice

Calculate the Shapely-Shubik power index for each voter in the weighted voting system [6: 3, 1, 1, 1, 1, 1, 1].

• A) (3/7, 2/21, 2/21, 2/21, 2/21, 2/21, 2/21)
• B) (1/2, 1/12, 1/12, 1/12, 1/12, 1/12, 1/12)
• C) (1/3, 1/9, 1/9, 1/9, 1/9, 1/9, 1/9)
• D) (2/3, 1/18, 1/18, 1/18, 1/18, 1/18, 1/18)

Understand the role of personal selling and relationship building in marketing.

Know the objectives and strategies of public relations campaigns.

Grasp the concept and significance of loyalty programs in customer retention.

Comprehend the budgeting methods and financial considerations in marketing promotions.

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Definitions:

Externalities

Economic side effects or by-products that affect an uninvolved third party; can be either positive or negative.

Public Goods

Items that are non-excludable and non-rivalrous, meaning they can be enjoyed by everyone, regardless of whether they contribute to their provision.

Protective Function

Activities carried out by the government to safeguard the economy and its agents, such as regulation and enforcement.

Government

The organization, or system, by which a community or nation is governed, typically involving institutions and practices of authority.