School Board Voters' Ordered PreferencesDavidErnieFionaNew gymNew libraryNew computer labNew libraryNew computer labNew gymNew computer labNew gymNew libraryIf a pair-wise majority vote was held to determine which school project gets funded and the voters' preferences are shown in the table, which option would David like to see voted on first?
A. Library and computer lab
B. Gym and library
C. Computer lab and gym
D. It doesn't matter which options are considered first.
Answer: A
You might also like to view...
For all intents and purposes, the Great Depression ended in
A. 1933. B. 1937. C. 1941. D. 1945.
Which of the following would tend to increase AD?
a. a commercial bank using excess reserves to extend a loan to a customer b. a commercial bank purchasing U.S. securities from the Fed as an investment c. an increase in reserve requirements d. an increase in the discount rate
Requiring that all cars meet certain pollution emission standards is an example of
a. the creation of a property right b. taxation to pay for the pollution clean up c. an obligatory control d. nationalization e. federalism
Which of the following best describes why a perfectly competitive firm will sometimes continue producing in the short run even if it incurs a loss?
A. As long as price exceeds average variable cost, the loss from producing will be smaller than the loss from shutting down, which is equal to the amount of total fixed costs. B. Short-run losses turn into long-run profits when there is entry into the market. C. A perfectly competitive firm should never produce if it incurs a loss because it is unable to influence the market price. D. If price exceeds average total cost, the loss from covering the fixed costs will be smaller than the loss from covering the variable costs.