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Assume that Abby, Ben, Clara, Joe, and Matt are the only citizens in a community. A proposed public good has a total cost of $1,000.
Assume that Abby, Ben, Clara, Joe, and Matt are the only citizens in a community. A proposed public good has a total cost of $1,000. All five citizens will share an equal portion of this cost in taxes. The benefit of the public good is $220 to Abby, $210 to Ben, $190 to Clara, $180 to Joe, and $120 to Matt. In a majority vote, this proposal will most likely be
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- accepted, 3 in favor, 2 against.
- accepted, four in favor, one against.
- defeated, 1 in favor, 4 against.
- defeated, 2 in favor, 3 against.
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