Ana, Emma, and Greta are deciding what to do on a weekend getaway. They each suggest a first choice and then vote on the options. Their first choice, second choice, and third choice preferences are as shown in the following table. Circular preferences 1st Choice 2nd Choice 3rd Choice Ana Beach Mountain Biking Canoeing Emma Mountain Biking Canoeing Beach Greta Canoeing Beach Mountain Biking Based on the table explain why they will have a hard time reaching a decision. Do they prefer mountain biking to canoeing? What about canoeing compared to the beach? What about the beach compared to the original choice of mountain biking?
Ana, Emma, and Greta are deciding what to do on a weekend getaway. They each suggest a first choice and then vote on the options. Their first choice, second choice, and third choice preferences are as shown in the following table. Circular preferences 1st Choice 2nd Choice 3rd Choice Ana Beach Mountain Biking Canoeing Emma Mountain Biking Canoeing Beach Greta Canoeing Beach Mountain Biking Based on the table explain why they will have a hard time reaching a decision. Do they prefer mountain biking to canoeing? What about canoeing compared to the beach? What about the beach compared to the original choice of mountain biking?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Ana, Emma, and Greta are deciding what to do on a weekend getaway. They each suggest a first choice and then vote on the options. Their first choice, second choice, and third choice preferences are as shown in the following table.
Circular preferences
1st Choice |
2nd Choice |
3rd Choice |
|
---|---|---|---|
Ana |
Beach | Mountain Biking | Canoeing |
Emma |
Mountain Biking | Canoeing | Beach |
Greta |
Canoeing | Beach | Mountain Biking |
Based on the table explain why they will have a hard time reaching a decision. Do they prefer mountain biking to canoeing? What about canoeing compared to the beach? What about the beach compared to the original choice of mountain biking?
Expert Solution
Step 1
Given:
1st Choice |
2nd Choice |
3rd Choice |
|
---|---|---|---|
Ana |
Beach | Mountain Biking | Canoeing |
Emma |
Mountain Biking | Canoeing | Beach |
Greta |
Canoeing | Beach | Mountain Biking |
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