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drop down options 1st drop down options A. $0 B. $30 C. $60 2nd drop down options A. $0 B. $30 C. $60 3rd drop
drop down options
1st drop down options
A. $0
B. $30
C. $60
2nd drop down options
A. $0
B. $30
C. $60
3rd drop down options
A. Joshua
B. Omar
C. Brendan
6. Identifying the median voter Omar, Joshua, and Brendan are housemates who are trying to decide how much money to spend on internet in their apartment each month. - Brendan does not care about internet and is on a tight budget. Therefore, he prefers to contribute no money to internet, and his utility declines at a constant rate as the roommates increase the amount of money they spend. - Joshua would ideally contribute 530 . However, he would prefer contributing 560 to contributing $0 because he does not want to deal with lag: - Omar hates poor wifi connectivity. Therefore, he would ideally like each to contribute $50 to internet, and his utility declines at a constant rate as the roommates decrease the amount of money they spend. Suppose the three housemates vote on spending either $0,530, or 550 on internet using the Borda count system of voting. That is, each housemate awards three points to his first choice, two points to his second choice, and one point to his third chaice. Complete the following table by indicating the number of points each housemate awards to each option and then summing the scores of each option to obtain a final ranking. If, instead, the housemates were to hold a two-phase election (such that they first voted between two options, then voted between the winner that contest and the final option), the winner would be (Hint: Determine the outcome if the roommates first voted between $60 and $0, and then voted between the winner of that contest and $30.) The median voter in this situation isStep by Step Solution
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