Social Science Clinic => Economics => Microeconomics => Topic started by: anjilletteb on Jul 21, 2019
Title: Preferred Budgets ($ in millions)45678910Number of voters (in thousands)516253022193Table 15.3Table ...
Post by: anjilletteb on Jul 21, 2019
Preferred Budgets ($ in millions)
4
5
6
7
8
9
10
Number of voters (in thousands)
5
16
25
30
22
19
3
Table 15.3
Table 15.3 shows the preferred budget for a new performance center and the number of voters in a community who prefer that budget. If Dawn proposed $5 million while Terry proposed $9 million, whose budget will be selected if everyone votes? ◦ Terry's ◦ Dawn's ◦ It is a tie. ◦ The outcome cannot be predicted.
Title: Preferred Budgets ($ in millions)45678910Number of voters (in thousands)516253022193Table 15.3Table ...
Post by: eliasc0401 on Jul 21, 2019