Question 5Consider the file named Fire Stations. Both the pdfand Excel versions of the files are uploaded for youradded convenience. Suppose that the governmentcorrectly estimates the marginal social cost ofbuilding each station ($350) and proposes to spreadit evenly among the seven citizens. So each citizenwould pay $50 for each station. It then asks thecitizens to vote for the number of fire stations to bebuilt. How many would be built under this majorityrule.Answer =Use our general rounding rule.Citizen ACitizen BCitizen CCitizen DCitizen ECitizen FCitizen G1$270$85$50$30$25$20$102$268$83$45$25$16$12$2stations.Number of Fire Stations34567$264$262$260 $258$79$77 $75$73$35 $30 $25 $19$15 $10 $5$8$4$0$0$0$0SOSOSOلیا$266$81$40$20$12$4SO$0$0$0$0▬▬▬▬▬

Under majority rule, the winner obtains more than 50% of the votes.

Answered: Consider the file named Fire Stations.…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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