Answered: $100. According to Majority Rules…

$100. According to Majority Rules voting, will the issue pass? According to marginal analysis, should the issue pass? Use the editor to format your answer

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

100%

The above table shows the benefit to each voter if an issue passes. The cost per voter of the issue passing is
$100.
According to Majority Rules voting, will the issue pass?
According to marginal analysis, should the issue pass?
Use the editor to format your answer

Voter
Voter 1
Voter 2
Voter 3
Voter 4
Voter 5
Benefit
$80
$125
$75
$90
$150

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