Business
Business, 11.02.2020 21:02, nehemiahj8

Assume that Matt, Joe, and Teresa are the only citizens in a community. A proposed public good has a total cost of $1000. All three citizens will share an equal portion of this cost in taxes. The benefit of the public good is $500 for Matt, $280 for Joe, and $260 for Teresa. In a majority vote, this proposal will most likely be:

A) accepted; two in favor and one against

B) defeated; two against and one in favor

C) accepted; three in favor and none against

D) defeated; none in favor and three against

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Answers: 1

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Assume that Matt, Joe, and Teresa are the only citizens in a community. A proposed public good has a...

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