1.Suppose a community of 40,000 is deciding whether to approve a project that costs $10 per person. One quarter of the community would receive a net benefit of $20 from the project and the rest of the community would receive a net benefit of -$5.(20 points total)

a.Per majority voting, will the community approve the project?Explain.(5 points)

b.Is this outcome efficient?Explain.(5 points)

c.Assume selective voting occurs, where those who support the project have an 80 percent chance of voting and those who oppose the project have a 25 percent chance of voting.Would the community be expected to approve the project?Explain.(5 points)

d.Is this outcome (with selective voting in part c) efficient?Explain.(5 points)