Answer the following questions. 1. In the following weighted voting system example, identify the quota and the weights. [115: 25, 35, 56, 34, 78] a. The quota is: b. The weights are:

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Chapter1: Making Economics Decisions
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Weighted Voting
Answer the following questions.
1. In the following weighted voting system example, identify the quota and the weights.
[115: 25, 35, 56, 34, 78]
a. The quota is:
b. The weights are:
2. Given the following weighted voting system [78: 24, 40, 14], is there a dictator? If so,
which player?
3. Given the following weighted voting system [16: 12, 7, 4], is there a player that has the
veto power? If so, which player and why?
Write your response below:
4. Consider the weighted voting system [14: 14, 10, 2, 1].
a.
What is the quota?
b. How many players are there?
c. Identify any dictators.
d. Identify any players with veto power.
e. Identify any dummy player.
Transcribed Image Text:Weighted Voting Answer the following questions. 1. In the following weighted voting system example, identify the quota and the weights. [115: 25, 35, 56, 34, 78] a. The quota is: b. The weights are: 2. Given the following weighted voting system [78: 24, 40, 14], is there a dictator? If so, which player? 3. Given the following weighted voting system [16: 12, 7, 4], is there a player that has the veto power? If so, which player and why? Write your response below: 4. Consider the weighted voting system [14: 14, 10, 2, 1]. a. What is the quota? b. How many players are there? c. Identify any dictators. d. Identify any players with veto power. e. Identify any dummy player.
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