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?

Microeconomics
13th Edition
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter18: Public Choice And Special Interet Group Politics
Section: Chapter Questions
Problem 7QP
icon
Related questions
Question

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?

Voter
Voter 1
Voter 2
Voter 3
Voter 4
Voter 5
Benefit
$80
$125
$75
$90
$150
Transcribed Image Text:Voter Voter 1 Voter 2 Voter 3 Voter 4 Voter 5 Benefit $80 $125 $75 $90 $150
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Paradox Of Voting
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Microeconomics
Microeconomics
Economics
ISBN:
9781337617406
Author:
Roger A. Arnold
Publisher:
Cengage Learning
Economics (MindTap Course List)
Economics (MindTap Course List)
Economics
ISBN:
9781337617383
Author:
Roger A. Arnold
Publisher:
Cengage Learning
Macroeconomics
Macroeconomics
Economics
ISBN:
9781337617390
Author:
Roger A. Arnold
Publisher:
Cengage Learning
Principles of Economics 2e
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
Survey of Economics (MindTap Course List)
Survey of Economics (MindTap Course List)
Economics
ISBN:
9781305260948
Author:
Irvin B. Tucker
Publisher:
Cengage Learning
Economics Today and Tomorrow, Student Edition
Economics Today and Tomorrow, Student Edition
Economics
ISBN:
9780078747663
Author:
McGraw-Hill
Publisher:
Glencoe/McGraw-Hill School Pub Co