Voter Type 1st Choice 2nd Choice 3rd Choice 4th Choice 5th Choice Penny Tom i ii iii iv V vi vii viii ix X Kemi Liz Liz Penny Penny Rishi Rishi Rishi Tom Tom Rishi Kemi Liz Kemi Kemi Kemi Kemi Penny Penny Tom Rishi Rishi Penny Liz Rishi Kemi Tom Penny Penny Penny Rishi Penny Tom Rishi Tom Liz Liz Kemi Kemi Liz Tom Rishi Rishi Tom Liz Tom Kemi Liz Liz Kemi % of Population 16% 11% 7% 9% 15% 4% 5% 6% 13% 14% Now assume that Rishi and Kemi go into a two-way runoff. Which candidate would win?
Voter Type 1st Choice 2nd Choice 3rd Choice 4th Choice 5th Choice Penny Tom i ii iii iv V vi vii viii ix X Kemi Liz Liz Penny Penny Rishi Rishi Rishi Tom Tom Rishi Kemi Liz Kemi Kemi Kemi Kemi Penny Penny Tom Rishi Rishi Penny Liz Rishi Kemi Tom Penny Penny Penny Rishi Penny Tom Rishi Tom Liz Liz Kemi Kemi Liz Tom Rishi Rishi Tom Liz Tom Kemi Liz Liz Kemi % of Population 16% 11% 7% 9% 15% 4% 5% 6% 13% 14% Now assume that Rishi and Kemi go into a two-way runoff. Which candidate would win?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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