Answered: Consider the following rankings of…

Consider the following rankings of candidates by voters in a particular country: 1st 2nd 3rd 40% A 44% C A 16% C A B The winner produced by Ranked choice (run-off system) is: A O C no winner O other

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Consider the following rankings of candidates by voters in a particular country:
1st
2nd
3rd
40% A
44%
C
A
16%
C
A B
The winner produced by Ranked choice (run-off system) is:
A
C
no winner
O other

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