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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?

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?

Survey of Economics (MindTap Course List)
Survey of Economics (MindTap Course List)
9th Edition
ISBN:9781305260948
Author:Irvin B. Tucker
Publisher:Irvin B. Tucker
Chapter4: Markets In Action
Section4.2: Can The Laws Of Supply And Demand Be Repealed?
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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
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