Table 22-10Three family members -- Seamus, Maeve, and Siobhan -- are deciding what type of movie to attend. The three choices are an action adventure, comedy, or horror. The first, second, and third choices for each person are as indicated in the table below. SeamusMaeveSiobhanFirst ChoiceComedyActionHorrorSecond ChoiceHorrorHorrorComedyThird ChoiceActionComedyAction Refer to Table 22-10. If the voting method is a Borda count, which alternative will be chosen?a. Comedyb. Actionc. Horrord. None of the above is correct; a Borda count fails to produce a winner in this instance.

In the Borda count method, the points are assigned to the choices according to their ranking and preference. The last choice gets 1 point, the last-second choice gets 2 points and the first choice gets the highest number which is equal to the total number of choice. If there is more than 1 player who votes the same preference, the points multiplied by the number of people. The points for all ballot are totalled, the choice with the largest points win. We have three choices comedy, horror, and action. All three voters Seamus, Maeve, Siobhan rank all choices according to their preference. The first choice gets 3 points; the second choice gets 2 points and the first choice gets 1 point. Preference schedule for movie selection with Borda count point, Adding up points, Comedy = 3+ 1+ 2 = 6 Horror = 2+2+3 = 7 Action = 1+3+1= 4 Therefore horror movie wins the Borda count. The correct option is c) ‘Horror’.

Answered: Three family members -- Seamus, Maeve,…

ENGR.ECONOMIC ANALYSIS

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ISBN:9780190931919

Author:NEWNAN

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Chapter1: Making Economics Decisions

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Problem 1QTC

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Table 22-10

Three family members -- Seamus, Maeve, and Siobhan -- are deciding what type of movie to attend. The three choices are an action adventure, comedy, or horror. The first, second, and third choices for each person are as indicated in the table below.

	Seamus	Maeve	Siobhan
First Choice	Comedy	Action	Horror
Second Choice	Horror	Horror	Comedy
Third Choice	Action	Comedy	Action

Refer to Table 22-10. If the voting method is a Borda count, which alternative will be chosen?

a. Comedy

b. Action

c. Horror

d. None of the above is correct; a Borda count fails to produce a winner in this instance.

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